Retail 路 For lease 路 Crown Heights
1,800 SF Commercial Space For Lease in Crown Heights, Brooklyn
690 Franklin Ave
- Size
- 1,800 SF
- Asking rent
- $63.33/SF/yr
- Est. monthly
- $9,500
Listed Nov 6
Work out the rent over a lease termincreases, free rent, net effective rent
1,800 SF Commercial Space for Lease
馃搷Cross street is Franklin Avenue & Prospect Place
馃挵 $9,500/month
馃搻 Approximately ~1,800 sq. ft. of commercial space
Location is very busy with all the parades happening almost every holiday. Any holiday that can be celebrated gets blocked off traffic in this location. Park pl subway stop is on this block. Eastern parkway is 4 blocks away and Atlantic Ave is 5 blocks the other way. There was also street fairs almost every weekend this summer.
Details:
- Approximately around 2000 sq. ft. of ground floor space minus the residential stairway of around 200 sq. ft.
- Stripped-down, unfinished condition
- Tenant buildout required
- Flexible lease terms may be considered during construction period
- Potential uses for Retail, Medical, Office, Grocery, or Service businesses; food-related and other uses subject to zoning, infrastructure, and applicable approvals.
Message with your intended business use and to schedule a viewing.
- Street frontage
- Exposed brick
- High ceilings
- Near subway
- Signage rights
- ADA accessible
How the asking rent compares
$63.33/SF a year is higher than what three in four Brooklyn retail buildings collected per square foot in 2024 (the top quarter starts at $48.57).
- This space
- $63.33/SF/yr in the top quarter
- Median
- $33.16/SF/yr
- Middle half
- $22.30 to $48.57
Source: the income and expense statements that owners of Brooklyn retail buildings file with the city (NYC Department of Finance (opens in a new tab), 2024 filings, 2,856 in the borough). It is what whole buildings across the borough collected (not this neighborhood alone), with vacant space, concessions and older leases in the mix: a baseline, not a quote for this space. Every borough, side by side
How much commercial rent costs in NYC, and what is paid on top of it
Location
See nearby spaces on the mapOpen in Google Maps (opens in a new tab)
Getting there
- Park PlS1 min walk 路 Accessible station
- Franklin Av-Medgar Evers College2345S6 min walk 路 Not accessible 路 connects to Botanic Garden
- Franklin AvCS8 min walk 路 Accessible station
Closest stations to the address from MTA station data; walking times are straight-line estimates.
