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Retail Portion of 416 and 420 Kent Ave 416-420 Kent Ave
2,000 - 5,500 SF of 4-Star Retail Space Available in Brooklyn, NY 11249
Highlights
- Wraparound frontage with an open layout
- Densely populated by young professionals and dog owners
- Well-located in the midst of Williamsburg's most affluent waterfront area
- ODA designed 857 unit luxury building
Space Availability (2)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| Ground | 2,000 SF | 9 ft - 10 ft | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD | |
| Ground, Ste 1 | 3,500 SF | - | Negotiable | £43.45 /SF/PA £3.62 /SF/MO £467.70 /m²/PA £38.97 /m²/MO £152,077 /PA £12,673 /MO | Modified Gross |
Ground
M2 CRE Exclusive Retail Space for Lease Lease out: 2,000 SF Total Ground Floor: 5,455 SF Frontage: 150' Ceilings: ~9’ Possession: Immediate Term: Long-term Asking Rent: Upon Request Condition: New retail space Transportation: Bedford Ave L Train, Marcy Ave JMZ Trains, South Williamsburg Ferry, Citibike Station, and quick Uber pickups (1-3 mins). Ideal uses: Pet care/boarding/grooming/supplies, medical use, specialty fitness, youth activities entertainment, experiential activities, luxury retail, pre-schools, showroom, museum, art gallery, and any use suitable for a high-income neighborhood. Lease rates may vary for smaller divisions.
- Space is in Excellent Condition
- Central Air Conditioning
- Finished Ceilings: 9 ft - 10 ft
Ground, Ste 1
M2 CRE Exclusive Retail Space for Lease Ground Floor: 3,500 SF remaining TI negotiable Ceilings: ~9’ Possession: Immediate Term: Long-term Asking Rent: Upon Request Condition: New retail space Transportation: Bedford Ave L Train, Marcy Ave JMZ Trains, South Williamsburg Ferry, Citibike Station, and quick Uber pickups (1-3 mins). Ideal uses: Beauty salons, medical use, specialty fitness, youth activities entertainment, experiential activities, luxury retail, pre-schools, showroom, museum, art gallery, and any use suitable for a high-income neighborhood. Lease rates may vary for smaller divisions.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- New retail space
- significant frontage
- chilled water system
- TI negotiable
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 416-420 Kent Ave , Brooklyn, NY 11249
| Property Type | Retail | Gross Internal Area | 19,500 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 2019 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Internal Area | 19,500 SF |
| Year Built | 2019 |
About the Property
Wraparound frontage with an open layout Well-located in the midst of Williamsburg's most affluent waterfront area Neighboring Domino Park and the New Domino Development Kent Ave is one of the highest trafficked corridors of daily vehicles, pedestrians, bikers, runners, and dog walking. Densely populated by young professionals and dog owners ODA designed 857 unit luxury building
- Public Transport
Nearby Major Retailers
![[Solidcore]](https://images.loopnet.co.uk/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[Solidcore]")
-
Max Lu -
M2 CRE
Presented by
Retail Portion of 416 and 420 Kent Ave | 416-420 Kent Ave
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