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Unit Size: 5,546 SF
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Condo Use: Retail
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Price: Price Upon Request
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Sale Type: Investment
Description
Verada, as exclusive agent, is pleased to offer for sale a prime multi-level retail condominium located at the base of a newly constructed 44-unit, 11-story residential building at 275 4th Avenue in Park Slope, Brooklyn. The offering includes 4,446 SF on the ground floor and 1,100 SF on the lower level, totaling 5,546 SF of commercial space. Completed in 2019, the property features 50 feet of floor-to-ceiling glass frontage along 4th Avenue and soaring 14-foot ceiling heights, offering exceptional visibility and a commanding street presence.
The ground floor retail condominium is fully occupied by a strong mix of health and wellness tenants, including PhysioRX, Inspira Physical Therapy & Pilates, and Zeno Nail Bar —creating a synergistic tenant mix and reliable in-place income. Each unit has been custom built-out by the tenants, making this an attractive turnkey investment opportunity with minimal future capital requirements.
Located along one of Brooklyn’s most prominent retail corridors and just two blocks from the Union Street R subway station, the property benefits from consistent pedestrian traffic and excellent transit access to Downtown Brooklyn and Manhattan. With strong neighborhood demographics, ongoing residential development, and proximity to key Park Slope destinations like Washington Park, the Old Stone House, and the 5th Avenue retail corridor, 275 4th Avenue presents a rare opportunity to acquire a stabilized retail asset in one of Brooklyn’s most desirable neighborhoods.
Sale Notes
Verada, as exclusive agent, is pleased to offer for sale a prime multi-level retail condominium located at the base of a newly constructed 44-unit, 11-story residential building at 275 4th Avenue in Park Slope, Brooklyn. The offering includes 4,446 SF on the ground floor and 1,100 SF on the lower level, totaling 5,546 SF of commercial space. Completed in 2019, the property features 50 feet of floor-to-ceiling glass frontage along 4th Avenue and soaring 14-foot ceiling heights, offering exceptional visibility and a commanding street presence.
The ground floor retail condominium is fully occupied by a strong mix of health and wellness tenants, including PhysioRX, Inspira Physical Therapy & Pilates, and Zeno Nail Bar —creating a synergistic tenant mix and reliable in-place income. Each unit has been custom built-out by the tenants, making this an attractive turnkey investment opportunity with minimal future capital requirements.
Located along one of Brooklyn’s most prominent retail corridors and just two blocks from the Union Street R subway station, the property benefits from consistent pedestrian traffic and excellent transit access to Downtown Brooklyn and Manhattan. With strong neighborhood demographics, ongoing residential development, and proximity to key Park Slope destinations like Washington Park, the Old Stone House, and the 5th Avenue retail corridor, 275 4th Avenue presents a rare opportunity to acquire a stabilized retail asset in one of Brooklyn’s most desirable neighborhoods.
Brendan Thrapp
Verada
