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584 5th Ave
1,400 SF of Retail Space Available in Brooklyn, NY 11215
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,400 SF | 10’ - 11’ | 5-10 Years | $64.00 /SF/YR $5.33 /SF/MO $688.89 /m²/YR $57.41 /m²/MO $7,467 /MO $89,600 /YR | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space In Need of Renovation
- Finished Ceilings: 10’ - 11’
- 11 foot ceilings
- Heavy Foot Traffic
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 584 5th Ave , Brooklyn, NY 11215
| Property Type | Retail | Gross Leasable Area | 4,800 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1920 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,800 SF |
| Year Built | 1920 |
About the Property
Retail Space for Lease: 584 5th Avenue, Brooklyn, NY Prime Retail Opportunity in Park Slope Explore the chance to lease retail space at 584 5th Avenue, located in the heart of one of Brooklyn's most vibrant neighborhoods. This versatile 1,400 SF space is perfect for businesses looking to thrive in a high-traffic, dynamic area. Key Features: • Spacious Interior: 1,400 SF of flexible retail space suitable for various uses, including retail, dining, or office. • High Foot Traffic: Positioned in a bustling area with consistent pedestrian flow and a mix of nearby businesses, ensuring great visibility. • Large Storefront Windows: Expansive windows offer abundant natural light and excellent display opportunities. • Convenient Access: Located less than a block from the subway at Prospect Ave and near the Prospect Park Expressway, making it easy for customers and employees to reach. Neighborhood Highlights: • Dynamic Community: Be part of a thriving area known for its unique shops, restaurants, and cultural hotspots like Black Horse and Young Ethel's. • Growing Customer Base: Benefit from a diverse and growing population, ensuring consistent foot traffic. • Close to Major Landmarks: Minutes from Prospect Park and Barclays Center, and New York-Presbyterian Brooklyn Methodist Hospital • offering added convenience and appeal. This is a fantastic opportunity to establish your business in a prime location that offers high visibility, easy access, and a vibrant community atmosphere. Don’t miss your chance to make 584 5th Avenue the home of your business! Contact us today for inquiries or to schedule a viewing.
Nearby Major Retailers
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Peter Matheos -
Isaiah Thomas -
Matheos Realty
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584 5th Ave
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