Your email has been sent.
516 Carlton Ave 1,300 SF of Retail Space Available in Brooklyn, NY 11238
Highlights
- Excellent transit access with multiple subway lines and bus routes within walking distance.
- High pedestrian activity and strong local demographics support retail and service-oriented businesses.
- Located near Barclays Center, Atlantic Terminal, and a variety of retail and dining establishments.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,300 SF | 10-20 Years | $62.26 CAD/SF/YR $5.19 CAD/SF/MO $80,939 CAD/YR $6,745 CAD/MO | Modified Gross |
Ground
Ground floor retail space for $4,000 monthly.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space In Need of Renovation
- Longterm Lease
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.
Select Tenants at 516 Carlton Ave, Brooklyn, NY 11238
- Tenant
- Description
- US Locations
- Reach
- Andrew Jive Productions Inc.
- Arts, Entertainment, and Recreation
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Andrew Jive Productions Inc. | Arts, Entertainment, and Recreation | 1 | Local |
Property Facts
| Total Space Available | 1,300 SF | Gross Leasable Area | 4,200 SF |
| Property Type | Retail | Year Built | 1931 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,300 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,200 SF |
| Year Built | 1931 |
About the Property
Located in the vibrant Prospect Heights neighborhood of Brooklyn, 516 Carlton Avenue offers a unique mixed-use opportunity with a ground-floor commercial space complemented by multiple residential units above. The property sits on a 20-foot by 80-foot lot and features a three-story structure with a classic Brooklyn architectural style. Its location provides exceptional connectivity, with a Walk Score of 93 and a Transit Score of 100, ensuring easy access to multiple subway lines, including the 2 and 3 trains just steps away, as well as nearby bus routes. The surrounding area is a dynamic mix of residential, retail, and cultural destinations, including Barclays Center, Atlantic Terminal, and an array of dining and shopping options along Vanderbilt and Flatbush Avenues. This property benefits from strong neighborhood foot traffic and proximity to major thoroughfares, making it an attractive option for businesses seeking visibility and convenience.
Nearby Major Retailers
Presented by
Real Estate of Mind NYC
516 Carlton Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.