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613 4th Ave - Arbor Eighteen 3,307 SF Retail Condo Unit in Brooklyn, NY 11215
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.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Total Building Size | 84,122 SF | Floors | 11 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 6,000 SF |
| Property Subtype | Apartment | Year Built | 2018 |
| Building Class | B | Lot Size | 0.29 AC |
| Zoning | R8A - High density residential district | ||
| Total Building Size | 84,122 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 11 |
| Typical Floor Size | 6,000 SF |
| Year Built | 2018 |
| Lot Size | 0.29 AC |
| Zoning | R8A - High density residential district |
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
1 UNIT AVAILABLE
Unit 1
| Unit Size | 3,307 SF | Sale Type | Investment |
| Condo Use | Retail | NOI | $110,820 |
| Unit Size | 3,307 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| NOI | $110,820 |
DESCRIPTION
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.
SALE NOTES
Fully leased retail condo at the base of 613 4th Avenue, a boutique mixed-use building in South Slope
±3,307 SF total across ground floor (1,847 SF) and lower level (1,460 SF)
Features 125 feet of wraparound glass frontage and 12-foot ceiling heights for strong visibility and branding
Leased to **Workers Justice Project**, a well-capitalized nonprofit serving low-wage and immigrant workers in NYC
NN lease structure with tenant responsible for taxes and CAM—offering minimal landlord obligations
Lease terms: Commencement June 15, 2025 | Rent starts December 15, 2025 | Expiration December 15, 2032
High-growth location with strong transit access—steps from Prospect Avenue D/N/R subway station
Surrounded by ongoing residential development and evolving neighborhood demographics
Ideal opportunity to acquire a mission-driven, stabilized asset in a dynamic Brooklyn corridor
+1 More
Ground Floor Floor Plan
Ground Floor
Ground Floor
Ground Floor
Lower Level
Lower Level
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 73 | - | - |
Presented by
613 4th Ave - Arbor Eighteen
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