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Trophy Corner Retail I Park Slope 555 5th Ave 20,949 SF 100% Leased Retail Building Brooklyn, NY 11215 For Sale
Investment Highlights
- Premier Corner Location at Fifth Avenue & 15th Street in Park Slope
- Three Commercial Units | 100% Leased
- Stable In-place Cash Flow with National Tenancy
- Expansive 73.5' × 100' Corner Footprint
- Anchored by Crunch Fitness & Sherwin-Williams
- Access to the R, F & G Subway Lines on 4th Avenue
Executive Summary
TerraCRG is pleased to exclusively represent ownership in the sale of 555 Fifth Avenue, a premier retail investment prominently located at the corner of Fifth Avenue and 15th Street in the heart of Park Slope, Brooklyn. The property consists of a two-story, ±21,000 gross square foot retail building (including the lower level) situated on an expansive 73.5' × 100' corner footprint, offering exceptional visibility along one of Brooklyn's most established retail corridors.
The asset is 100% leased to three commercial tenants, anchored by Crunch Fitness and Sherwin-Williams, providing stable in-place cash flow from nationally recognized retailers. Positioned in one of New York City's most affluent and supply-constrained neighborhoods, the property benefits from strong demographics, consistent pedestrian traffic, and immediate access to the R, F, and G subway lines just blocks away.
Combining an irreplaceable corner location, institutional-quality tenancy, and long-term neighborhood fundamentals, 555 Fifth Avenue presents a rare opportunity to acquire a trophy retail asset with durable income and future upside.
The asset is 100% leased to three commercial tenants, anchored by Crunch Fitness and Sherwin-Williams, providing stable in-place cash flow from nationally recognized retailers. Positioned in one of New York City's most affluent and supply-constrained neighborhoods, the property benefits from strong demographics, consistent pedestrian traffic, and immediate access to the R, F, and G subway lines just blocks away.
Combining an irreplaceable corner location, institutional-quality tenancy, and long-term neighborhood fundamentals, 555 Fifth Avenue presents a rare opportunity to acquire a trophy retail asset with durable income and future upside.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
20,949 SF
Building Class
C
Year Built/Renovated
1927/2017
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.85
Lot Size
0.17 AC
Zoning
C4-3A / R6A
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01042-0001 | Improvements Assessment | $5,490,900 |
| Land Assessment | $264,600 | Total Assessment | $5,755,500 |
Property Taxes
Parcel Number
01042-0001
Land Assessment
$264,600
Improvements Assessment
$5,490,900
Total Assessment
$5,755,500
Contacts
-
Daniel Marks -
Daniel Lebor -
Remi Norris -
John Ceccoli -
Maria D'Angelo -
TerraCRG Brooklyn Commercial Real Estate
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