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628 Avenue U
300 - 1,400 SF of Retail Space Available in Brooklyn, NY 11223
Highlights
- Prominent corner location
- Versatile space suitable for various retail concepts
- Rare opportunity in the market after 30+ years
- Exceptional frontage for high visibility
- Longstanding presence in the vibrant Syrian community
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 300-1,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Option #1 1,100 Sq ft Ground floor Corner Option #2 300 Sq ft Ground floor + Basement Option #3 1,400 Sq ft Ground floor + Basement, 30 ft frontage
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Three options of divisible SF
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 628 Avenue U , Brooklyn, NY 11223
Min. Divisible | 300 SF | Gross Leasable Area | 4,553 SF |
Property Type | Retail | Year Built | 1920 |
Property Subtype | Storefront Retail/Residential |
Min. Divisible | 300 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Leasable Area | 4,553 SF |
Year Built | 1920 |
About the Property
Prime Street Retail located in the affluent Syrian community . First Time in 30+ years on the market , with the Option to add a cafe license for sidewalk enclosed seating . Great for All uses sizes range from 300 Sq Ft to 1,400 Sq Ft. Great Frontage from 11 ft to 30 Ft Available. Strategically located in the heart of Syrian community, this property presents an unparalleled opportunity for businesses seeking a dynamic retail opportunity.
- Signalized Intersection
Nearby Major Retailers
Presented by
628 Avenue U
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