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1602 Avenue U 5,800 SF of Retail Space Available in Brooklyn, NY 11229
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,800 SF | 12’ | 1-20 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Rare opportunity to lease a 5,800 SF former TD Bank branch in the heart of the highly trafficked Avenue U retail corridor. This prominent corner location offers exceptional visibility, strong foot traffic, and a dense surrounding residential population. The space features high ceilings, large storefront windows, and an existing bank layout, making it ideal for financial institutions, medical users, fitness, flagship retail, or food operators. The property benefits from excellent frontage along Avenue U, one of Brooklyn’s busiest commercial strips, surrounded by national retailers, neighborhood staples, and public transportation. Highlights: • 5,800 SF ground-floor retail space • Former TD Bank with existing infrastructure • Excellent frontage and signage opportunity • High foot and vehicle traffic • Dense residential and retail trade area • Suitable for retail, medical, fitness, showroom, or service use Avenue U is a thriving retail destination serving the surrounding Sheepshead Bay, Midwood, and Homecrest neighborhoods, offering strong co-tenancy and consistent consumer traffic.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Financial Services Office
- Highly Desirable End Cap Space
- High End Trophy Space
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Security System
- Corner Space
- High Ceilings
- Drop Ceilings
- Secure Storage
- Recessed Lighting
- Emergency Lighting
- After Hours HVAC Available
- Finished Ceilings: 12’
- Energy Performance Rating - A
- Energy Performance Rating - B
- Energy Performance Rating - C
- Energy Performance Rating - D
- Energy Performance Rating - E
- Basement
- DDA Compliant
- Demised WC facilities
- Display Window
- Smoke Detector
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 1602 Avenue U, Brooklyn, NY 11229
- Tenant
- Description
- US Locations
- Reach
- Happyhouse Adult Day Care Center Inc
- Health Care
- 1
- -
- TD Bank
- Bank
- 1,695
- National
| Tenant | Description | US Locations | Reach |
| Happyhouse Adult Day Care Center Inc | Health Care | 1 | - |
| TD Bank | Bank | 1,695 | National |
Property Facts
| Total Space Available | 5,800 SF | Gross Leasable Area | 9,000 SF |
| Property Type | Retail | Year Built | 1933 |
| Total Space Available | 5,800 SF |
| Property Type | Retail |
| Gross Leasable Area | 9,000 SF |
| Year Built | 1933 |
Nearby Major Retailers
