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1188 President St
600 - 2,400 SF of Retail Space Available in Brooklyn, NY 11225
Highlights
- Brand new mixed use development with original 1920’s facade
- Gas and venting available
- Estimated completion in Q4 2024
- Up to 2,750 square feet of divisible prime ground floor retail space for lease
- Located directly across from the President St 2,5 train
- Located on a busy retail corridor with heavy traffic
Space Availability (3)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor, Ste A- Corner Space | 1,000 SF | 11 ft | Negotiable | £66.51 /SF/PA £5.54 /SF/MO £715.89 /m²/PA £59.66 /m²/MO £66,508 /PA £5,542 /MO | Modified Gross | |
| 1st Floor, Ste B - Middle Space | 800 SF | 11 ft | 1-10 Years | £58.68 /SF/PA £4.89 /SF/MO £631.67 /m²/PA £52.64 /m²/MO £46,947 /PA £3,912 /MO | Modified Gross | |
| 1st Floor, Ste C - End Space | 600 SF | 11 ft | 1-10 Years | £58.68 /SF/PA £4.89 /SF/MO £631.67 /m²/PA £52.64 /m²/MO £35,210 /PA £2,934 /MO | Modified Gross |
1st Floor, Ste A- Corner Space
1000 SF Corner space with incredible exposure Asking $7,083 per month This corner space has 64 Feet of wraparound frontage 27.5 Feet of frontage on Nostrand and 36.5 Feet of frontage on President St Asking Prices: Corner Space 1000 SF - $85 per ft- $7083 per month Middle space 800 SF - $75 ft - $5000 per month End space - 600 SF - $75 ft - $3,750 per month Can extend up to 2,500 square feet of divisible ground floor retail space Full ground floor has 127.5 feet of frontage Full basement Directly across the road from the President St 2,5 train. Gas and venting available
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Corner Space
- Finished Ceilings: 11 ft
- Basement
- Ventilation - Venting
- All logical divisions considered
- Will be delivered as a brand new whitebox
- Gas and venting available
- Directly Across the street from 2,5 Train
- Full basement
1st Floor, Ste B - Middle Space
In-Line Middle space with 30 feet of frontage across from the 2,5 train entrance on president St Can extend Up to 2,500 square feet on ground floor Full basement , gas and venting available Asking Prices: Corner Space 1000 SF - $85 per ft- $7083 per month Middle space 800 SF - $75 ft - $5000 per month End space - 600 SF - $75 ft - $3,750 per month
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Corner Space
- Finished Ceilings: 11 ft
- Basement
- Ventilation - Venting
- All logical divisions considered
- Will be delivered as a brand new whitebox
- Gas and venting available
- Directly Across the street from 2,5 Train
- Full basement
1st Floor, Ste C - End Space
End space - 30 Feet of frontage on President St across from the 2,5 train entrance Asking $3,750 per month Can extend Up to 2,500 square feet of divisible ground floor retail for lease. Directly across the road from the President St 2,5 train. Great corner exposure. 127.5 SF of wraparound frontage Full basement - Gas and venting available Asking Prices: Corner Space 1000 SF - $85 per ft- $7083 per month Middle space 800 SF - $75 ft - $5000 per month End space - 600 SF - $75 ft - $3,750 per month
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Corner Space
- Finished Ceilings: 11 ft
- Basement
- Ventilation - Venting
- All logical divisions considered
- Will be delivered as a brand new whitebox
- Gas and venting available
- Directly Across the street from 2,5 Train
- Full basement
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 agent 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 FOR 1188 President St , Brooklyn, NY 11225
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront Retail/Office | Construction Status | Under Construction |
| Gross Internal Area | 16,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 16,000 SF |
| Year Built | 2024 |
| Construction Status | Under Construction |
About the Property
Brand new mixed use development with original 1920’s facade. Up to 2750 SF of divisible ground floor retail space for Lease Directly across from president Street - Medgar Evers College 2,5 Subway station 2 blocks from Eastern Parkway and the Nostrand Avenue 3 train. Located on a busy retail corridor and a hot spot of new residential and commercial developments . 2 blocks from Eastern Parkway and the Nostrand Avenue 3 train. Asking Prices: Corner Space 1000 SF - $85 per ft- $7083 per month Middle space 800 SF - $75 ft - $5000 per month End space - 600 SF - $75 ft - $3,750 per month
- Public Transport
- Air Conditioning
Nearby Major Retailers
Presented by
1188 President St
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