575 4th Ave

575 4th Ave, Brooklyn, NY 11215

Property Information

  • For Sale $3,250,000
  • Property Type Retail
  • Property Size 4,146 SF
  • Date Updated Jan 23, 2025

Description

Investment Highlights

• 2 commercial condominium units are located on the ground floor of a newly constructed 70-unit luxury residential building
• Over 105’ of wraparound frontage on the corner of 4th and Prospect Avenues in Park Slope
• The corner unit A totals approximately 2,370 SF and is currently vacant
• Unit B totals 1,776 SF and is occupied by Studio Pilates through September 2029. They have one 5-year extension.
• Steps from the Prospect Ave D, N, R, W subway station, which provides access to Manhattan in under 25 minutes
• Directly next to the Prospect Expressway, providing access to Manhattan via the Hugh L. Carey Tunnel or Brooklyn Bridge
• Proximity to Prospect Park, high-quality schools, dining and shopping options make Park Slope one of NYC’s most desirable residential enclaves. It is in need of more retail to satisfy demand.

Contacts

Sean R. Kelly

Ariel Property Advisors

Stephen Vorvolakos

Ariel Property Advisors

Nicole Daniggelis

Ariel Property Advisors

Location

Located at 575 4th Ave, Brooklyn, NY 11215, this property is part of the Park Slope neighborhood and Brooklyn market.

Contact 575 4th Ave
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