24 4th Ave
Boerum Hill
FOR SALE
Verada, as exclusive agent, is pleased to offer for sale a fully occupied retail condominium at the base of 24 4th Ave—a newly developed 12-story residential building with 63 luxury units, located in the heart of Boerum Hill, Brooklyn. This prime corner retail asset spans approximately 10,700 SF across the ground floor and lower level. Offers excellent frontage along Pacific Street and 4th Avenue. The property is anchored by a curated mix of service-oriented and neighborhood-favorite tenants, including an Downtown Organic Market, Pacific Juice, Brooklyn Mint Dental, and NIOS Spa, offering both stability and long-term income security. Each tenant has completed high-quality build-outs tailored to their specific use, limiting future capital exposure for ownership. Ideally positioned just steps from the Atlantic Avenue–Barclays Center transit hub, which provides access to 9 subway lines and the LIRR, the property benefits from exceptional visibility, strong foot traffic, and a dense residential and office population. Surrounded by a vibrant mix of restaurants, boutique retailers, and cultural institutions, 24 4th Ave is located in one of Brooklyn’s most desirable and transit-rich neighborhoods—making it an ideal opportunity for investors seeking a stabilized, turnkey retail asset with long-term upside.
FOR SALE
Verada, as exclusive agent, is pleased to offer for sale a fully occupied retail condominium at the base of 24 4th Ave—a newly developed 12-story residential building with 63 luxury units, located in the heart of Boerum Hill, Brooklyn. This prime corner retail asset spans approximately 10,700 SF across the ground floor and lower level. Offers excellent frontage along Pacific Street and 4th Avenue. The property is anchored by a curated mix of service-oriented and neighborhood-favorite tenants, including an Downtown Organic Market, Pacific Juice, Brooklyn Mint Dental, and NIOS Spa, offering both stability and long-term income security. Each tenant has completed high-quality build-outs tailored to their specific use, limiting future capital exposure for ownership. Ideally positioned just steps from the Atlantic Avenue–Barclays Center transit hub, which provides access to 9 subway lines and the LIRR, the property benefits from exceptional visibility, strong foot traffic, and a dense residential and office population. Surrounded by a vibrant mix of restaurants, boutique retailers, and cultural institutions, 24 4th Ave is located in one of Brooklyn’s most desirable and transit-rich neighborhoods—making it an ideal opportunity for investors seeking a stabilized, turnkey retail asset with long-term upside.
- 10,700 sq. ft.
- Anchored by strong neighborhood tenants:
Downtown Organic Market
Pacific Juice
NIOS Spa
Brooklyn Mint Dental - Long-term leases in place (many through 2035–2050) with tenant-funded buildouts
- Projected NOI: ~$800,000+ in 2025
- Offering strong cash flow at a ~5.75% cap rate
- Turnkey, low-management asset — ideal for 1031 buyers, private investors, and family offices seeking NYC exposure
Available spaces
Four
Location
24 4th Ave
Brooklyn, NY 11217
Brooklyn, NY 11217
Ceiling height
12 FT
Occupancy
Immediate
Asking price
Upon Request
Floorplan
Ground Floor
Lower Level
