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- LoopNet Team
613 4th Ave
Brooklyn, NY 11215
Arbor Eighteen · Multifamily Property For Sale
·
73 Units

Investment Highlights
- Fully leased retail condo at the base of 613 4th Avenue, a boutique mixed-use building in South Slope
- Features 125 feet of wraparound glass frontage and 12-foot ceiling heights for strong visibility and branding
- NN lease structure with tenant responsible for taxes and CAM—offering minimal landlord obligations
- ±3,307 SF total across ground floor (1,847 SF) and lower level (1,460 SF)
- Leased to Workers Justice Project, a well-capitalized nonprofit serving low-wage and immigrant workers in NYC
- Lease terms: Commencement June 15, 2025 | Rent starts December 15, 2025 | Expiration December 15, 2032
Executive Summary
Verada, as exclusive agent, is pleased to offer for sale a fully leased retail condominium at the base of 613 4th Avenue, a boutique mixed- use building located in the rapidly evolving South Slope neighborhood of Brooklyn. The offering spans approximately 3,307 square feet across the ground floor (1,847 SF) and lower level (1,460 SF), and features 125 feet of wraparound glass frontage with 12-foot ceiling heights, providing excellent visibility and branding potential. The space is leased to Workers Justice Project, a highly respected and well-capitalized nonprofit organization advocating for low-wage and immigrant workers across New York City. The lease is structured as NN, with the tenant responsible for real estate taxes and common area maintenance, ensuring stable cash flow and limited landlord obligations. The anticipated lease commencement date is June 15, 2025, with rent commencing December 15, 2025, and a lease expiration of December 15, 2032. Positioned less than one block from the Prospect Avenue D/N/R subway station, the property benefits from strong transit access and growing neighborhood density fueled by new residential development and shifting demographics. This offering presents a unique opportunity to acquire a stabilized, mission-driven retail asset in a high-growth Brooklyn corridor.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Roof Terrace
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 73 | - | - |
Links
Listing ID: 33233274
Date on Market: 9/19/2024
Last Updated:
Address: 613 4th Ave, Brooklyn, NY 11215
The South Slope Multifamily Property at 613 4th Ave, Brooklyn, NY 11215 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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