Apartments Condo For Sale • 3,307 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| Grnd Floor - Unit 1 | Retail | 3,307 SF | Price Upon Request | |
DescriptionVerada, 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 NotesFully 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 |
||||
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.
| 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 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 7 min | - | 2.1 mi | |
| Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) | 11 min | - | 3.4 mi |
| Transit/Subway | Drive | Walk | Distance |
| Prospect Avenue (D,M,N,R Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) | 0 min | 1 min | 0.1 mi |
| 25 Street (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) | 2 min | 7 min | 0.4 mi |
| 4 Avenue-9 Street (D,M,N,R Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway)) | 2 min | 9 min | 0.5 mi |
| 4 Avenue-9 Street (F,G Line) (F - New York MTA Subway (The Subway)) | 2 min | 10 min | 0.5 mi |
| Smith-9 Streets (F - New York MTA Subway (The Subway), G - New York MTA Subway (The Subway)) | 2 min | 17 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| LaGuardia | 24 min | - | 12.8 mi |
| John F Kennedy International | 27 min | - | 14.0 mi |
| Newark Liberty International | 28 min | - | 16.3 mi |