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482 Union Ave
1,500 SF of Retail Space Available in Brooklyn, NY 11211
Highlights
- heavy daytime foot traffic
- backyard
- full basement
- shell space with new electricity and plumbing
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | 10-15 Years | $80.00 /SF/YR $6.67 /SF/MO $861.11 /m²/YR $71.76 /m²/MO $10,000 /MO $120,000 /YR | Net |
1st Floor
Prime Williamsburg store frontage on Union avenue and Meeker avenue. Right next door to Union Pool and one block away to the Lorimer L train station. This space has optimal foot traffic during the day and night. Great opportunity and layout for a restaurant. The space is delivered as a raw space with new electrical and plumbing. The Tenant is responsible to complete the build out for their specific business needs. Build-out time being offered by the Landlord. For a private tour please contact Franco Medina.
- Lease rate does not include certain property expenses
- Located in-line with other retail
- Space In Need of Renovation
- Basement
- Yard
- Backyard, high foot traffic area, basement, shell
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 482 Union Ave , Brooklyn, NY 11211
| Property Type | Retail | Gross Leasable Area | 4,545 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1901 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,545 SF |
| Year Built | 1901 |
About the Property
Prime Williamsburg restaurant opportunity on Union avenue and Meeker avenue. Right next door to Union Pool and one block away to the Lorimer L train station. This space has optimal foot traffic during the day and night. Ideal for a restaurant. The space is delivered as a raw space with new electrical and plumbing. The Tenant is responsible to complete the build out for their specific business needs. Build-out time being offered by the Landlord. For a private tour please contact Franco Medina.
- Restaurant
- Signage
Nearby Major Retailers
-
Franco Medina -
Urban Utopia Realty
Presented by
482 Union Ave
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