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527 Eastern Pky 2,100 - 14,500 SF of Space Available in Brooklyn, NY 11216
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Lower Level, Ste Lower Level | 7,000 SF | 16’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste Retail | 2,100 SF | 11’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 2nd Floor, Ste 2nd Floor | 5,400 SF | 11’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Lower Level, Ste Lower Level
Expansive lower-level corner space at Eastern Parkway and Nostrand Avenue, historically operated as a banquet hall and club with open halls, minimal columns, and multiple entrances from both frontages. The property benefits from an existing cabaret Certificate of Occupancy, making it ideal for entertainment, events, and assembly uses. Its flexible layout also suits fitness, cultural, community, or specialty tenants. With prominent visibility, immediate transit access, and strong co-tenancy with established national and regional brands, this location offers an exceptional opportunity in a high-traffic corridor. Highlights Expansive lower-level corner space with multiple entrances Historically operated as banquet hall and club Open floor plan with minimal columns Existing cabaret Certificate of Occupancy Suitable for entertainment, events, assembly, fitness, cultural, or community use Prominent visibility at Eastern Parkway & Nostrand Avenue Immediate access to subway and bus lines Strong co-tenancy with national and regional brands
- Finished Ceilings: 16’
- Space is in Excellent Condition
1st Floor, Ste Retail
This highly visible corner property at Eastern Parkway & Nostrand Avenue delivers exceptional opportunity for a retailer or service user seeking open, flexible space in a prime transit-oriented location. The existing layout—originally designed for daycare/classroom use—offers wide, column-free interiors with built-in infrastructure such as a full kitchen, active gas service, and venting. Large windows along Eastern Parkway flood the space with natural light and visibility, while a private backyard adds valuable outdoor amenity. With strong national/regional co-tenancy and immediate access to major subway and bus lines, this property combines functional readiness with high exposure and adaptability. Highlights: Corner lot with prominent street frontage at Eastern Parkway & Nostrand Avenue Wide, open layout (column-free), easily reconfigured for open-plan use Fully furnished kitchen, active gas connections, and venting on-site Expansive windows facing Eastern Parkway enhancing visibility & natural light Private backyard for outdoor functions or usage Located among strong co-tenants (national/regional brands) Excellent public transportation access via subway and bus lines
- Space is in Excellent Condition
- Finished Ceilings: 11’
2nd Floor, Ste 2nd Floor
Bright second-floor corner space at Eastern Parkway and Nostrand Avenue featuring a mix of classrooms, offices, open areas, and a fully equipped vented kitchen with active gas from prior daycare use. Most interior walls can be removed to create a larger open layout, while windows along both frontages provide excellent natural light throughout. Dedicated entrances on Eastern Parkway and Nostrand Avenue enhance accessibility, and the flexible floor plan is well suited for educational, medical, wellness, commissary, or professional users. The property benefits from strong co-tenancy with national and regional brands and is steps from major subway and bus lines.
- Finished Ceilings: 11’
- Space is in Excellent Condition
- Bright second-floor corner space
- Dual entrances on Eastern Parkway and Nostrand Ave
- Strong co-tenancy with national and regional brand
- Steps from major subway and bus lines
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.
PROPERTY FACTS
| Total Space Available | 14,500 SF | Gross Leasable Area | 30,000 SF |
| Property Type | Retail | Year Built | 1931 |
| Property Subtype | Storefront |
| Total Space Available | 14,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 30,000 SF |
| Year Built | 1931 |
ABOUT THE PROPERTY
This ground-floor commercial space at 527 Eastern Parkway offers a rare corner presence with both curbside exposure and outdoor frontage. The storefront opens directly to Eastern Parkway, featuring large display windows and a double-door entrance. Inside, the space is divided into multiple rooms: a large open area toward the front, ancillary rooms toward the rear, and a full kitchen with venting and gas hookups. The interiors show previous use as a childcare or classroom setup — modest finishes, some built-in cubbies / storage elements, mixed flooring (checker-pattern tile, some carpeting), and institutional lighting. Ceiling heights vary, with a taller section in the main room and lower ceilings in some side rooms. At the rear is a private backyard/yard area, secured by fencing, usable for outdoor activity or ancillary functions. No on-site vehicle parking is evident; access appears limited to pedestrian and street use. The property presents well for users who want a ready kitchen setup, multiple functional rooms, strong street visibility and opportunity to reconfigure as needed.
NEARBY MAJOR RETAILERS
Contact the Leasing Agent
527 Eastern Pky