8,600 SF - 11,250 SF | 1042 Atlantic Ave | FRESH Supermarket Retail Space for Lease

1042 Atlantic Ave Brooklyn, NY 11238

1042 Atlantic Ave, Brooklyn, NY, 11238
1042 Atlantic Ave, Brooklyn, NY, 11238 1042 Atlantic Ave, Brooklyn, NY, 11238 1042 Atlantic Ave, Brooklyn, NY, 11238 1042 Atlantic Ave, Brooklyn, NY, 11238 1042 Atlantic Ave, Brooklyn, NY, 11238
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Jun 20, 2024

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Highlights

  • Projected availability Q1 2025
  • Rapidly developing area
  • FRESH Supermarket incentives
  • 5,850 SF basement
  • Build-to-suit
  • Brand-new luxury development
  • Architecturally significant design
  • Murals by local artists will be visible from both Atlantic Avenue and Pacific Street
  • Public plaza and park amenities are planned
  • 30,000 daily vehicles along Atlantic Avenue

Description

Projected availability Q1 2025
Rapidly developing area
FRESH Supermarket incentives
5,850 SF basement
Build-to-suit
Brand-new luxury development
Architecturally significant design
Murals by local artists will be visible from both Atlantic Avenue and Pacific Street
Public plaza and park amenities are planned
30,000 daily vehicles along Atlantic Avenue

Located on the rapidly developing stretch of Atlantic Avenue in Brooklyn's Prospect Heights neighborhood, between Classon Ave & Grand Ave near the Franklin Ave subway station.

Nearest Transit: A & C trains at the Franklin Ave station, and the B48, B65, B25 & B49 bus lines.

Nearby tenants include KAI studio, Tabata Ultimate Fitness, Popeyes, Puerto Viejo, AutoZone, CubeSmart, D’Antan, L Train Vintage, Friends and Lovers, Endless Life Brewing, Broccoli Farm, Neptune Diner II, Food Garden Market & more!

Building Size: 180000sq ft
Lot Size: 0.28 acres


Documents

Brochure

Units for Lease

1042 Atlantic Ave - Space A
Space Available: 8600 SF
Lease Type: Modified Gross
1042 Atlantic Ave - Space A + B
Space Available: 11250 SF
Lease Type: Modified Gross

Map of 1042 Atlantic Ave, Brooklyn, NY, 11238

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.