Park Slope
Verada, as exclusive agent, is pleased to offer for sale a prime multi-level retail condominium located at the base of a newly constructed 44-unit, 11-story residential building at 275 4th Avenue in Park Slope, Brooklyn.
The offering includes 4,446 SF on the ground floor and 1,100 SF on the lower level, totaling 5,546 SF of commercial space.
Completed in 2019, the property features 50 feet of floor-to-ceiling glass frontage along 4th Avenue and soaring 14-foot ceiling heights, offering exceptional visibility and a commanding street presence.
The ground floor retail condominium is fully occupied by a strong mix of health and wellness tenants, including PhysioRX, Inspira Physical Therapy & Pilates, and Zeno Nail Bar —creating a synergistic tenant mix and reliable in-place income.
Each unit has been custom built-out by the tenants, making this an attractive turnkey investment opportunity with minimal future capital requirements.
Located along one of Brooklyn’s most prominent retail corridors and just two blocks from the Union Street R subway station, the property benefits from consistent pedestrian traffic and excellent transit access to Downtown Brooklyn and Manhattan.
With strong neighborhood demographics, ongoing residential development, and proximity to key Park Slope destinations like Washington Park, the Old Stone House, and the 5th Avenue retail corridor, 275 4th Avenue presents a rare opportunity to acquire a stabilized retail asset in one of Brooklyn’s most desirable neighborhoods.
- 5,536 sq. ft.
- Occupied Ground Floor: 4,446 SF
- Vacant Lower Level: 1,100 SF
- Tenant: Zeno Nail Bar
Lease Expiration: 11.5.2034 - Tenants: Inspira Physical Therapy & Pilates
Lease Expiration: 10.5.2033 - Tenants: PhysioRX
Lease Expiration: 1.20.2032
Brooklyn, NY 11215
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Park Slope
A place to grow together in Brooklyn’s most sought after neighborhood
Park Slope is a strong embodiment of all things Brooklyn. An open-minded and artistically inclined population enthusiastically lends its support to an assortment of businesses and vendors. Known as the “Other Fifth Avenue,” Fifth Avenue in Park Slope is a hotbed for laid-back, family-oriented businesses and homegrown food and beverage concepts, housed in the various Park Slope commercial retail space. It is home to all things retail in Park Slope. Seventh Avenue acts as another hotspot for residents and includes top-rated schools, restaurants, bars, and health clinics.
Historic brownstones and Prospect Park define this tree-lined neighborhood, and recent developments have carried its charm into the 21st century. Strollers and children of all ages are a constant presence on the sidewalks, as are dog walkers heading to the park. The neighborhood is far enough away from Downtown Brooklyn and Manhattan to offer a breather from the daily hustle, big enough for a diverse range of housing types, and secluded enough to offer the quiet serenity of a New York-style suburb.
37.9
Average Population Age115,955
Population within 1 mile radius$160,803
Average HHI within 1 mile radius4,957
Businesses within 1 mile radius$1.9
B
Annual Spending within a 1 mile radiusTransportation
- 15 St - Prospect Park (F, G)
- Prospect Av (D, N, R, W)
- 4th Av - 9 St (F,G, D, N, R, W)
- Grand Army Plaza (2,3,4)
- 7 Av (B, Q)
- Union St (D, N, R, W)
- Bergen St (2, 3, 4)
- Atlantic Av - Barclays Ctr (2,3,4,5,B,D,N,Q,R)
Dining
- Purbird
- Al Di La Trattoria
- Runner Up
- Stone Park Cafe
- Patsy's Pizzeria
- Bricolage
- Miriam
- Sushi Katsuei
Shopping
- “The Other 5th Avenue”
- Beacon's Closet Park Slope
- Fig
- KIWI
- Aesop
- Bhoomki
- Something Else on Fifth
- A Cheng
- BLOK HILL
Culture
- Night Hawk Cinema
- Barbés
- Brownstones
- Old Stone House of Brooklyn
Parks
- Prospect Park