Retail Business for Lease in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Brooklyn, NY 11206

Description

North block between Belvidere Street and Arion Place

Market Context

This retail in Brooklyn, NY is listed for lease. It has been on the market for 22 days. Compare it against other retail listings for lease in Brooklyn, NY — <a href="/search/lease/retail/new-york/brooklyn">view the full market</a>.

As of Q1 2026, the New York City Area retail market showed a 4.2% vacancy rate, average asking rents near $54.00/SF/yr, and cap rates around 6.2%. Source: Www.matthews.com Q1 2026 market report.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in New York City Area?
About 6.2% as of Q1 2026, per Www.matthews.com.
Is the New York City Area retail market tightening or softening?
Vacancy is around 4.2% (Q1 2026).

Unified Estimate

Medium Confidence

$2.58/SF/mo – $3.48/SF/mo

Mid: $3.03/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Contact

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