738 Fifth Avenue
Greenwood, Brooklyn
Newly Built Corner Retail Opportunity
Approximately 1,500 SF Ground Floor
Key terms at a glance.
All dimensions and lease terms are approximate and subject to final agreement, landlord approval, and independent verification.
- Ground Floor
- ≈ 1,500 SF
- Optional Basement
- ≈ 828 SF
- Ground-Floor Asking Rent
- $64 / SF (Yr 1)
- Basement Asking Rent
- $32 / SF (Yr 1)
- Ceiling Height
- ≈ 9'6"
- Escalations
- 5% Yr 2; 3% Yrs 3–5
- Utilities
- Tenant responsibility
- Corner Location
- 5th Ave & 24th St
A newly built corner retail space in Greenwood.
738 Fifth Avenue offers a newly built corner commercial space at Fifth Avenue and 24th Street in Greenwood, Brooklyn. The ground floor is delivered white-boxed with an open, flexible layout suitable for a range of operators, and an optional lower level extends the usable footprint for storage, preparation, or additional program.
Corner visibility and continuous Fifth Avenue frontage provide clear presence along the corridor. The space is well positioned for tenants seeking a distinctive address in a neighborhood that continues to draw attention from independent retailers, service operators, and small commercial users serving the surrounding Greenwood and South Slope communities.
Outdoor space may be available, subject to landlord approval and final documentation. Nearby subway service at 25th Street connects the address to broader Brooklyn and Manhattan.
What defines the space.
- Approximately 1,500 SF ground floor
- Approximately 828 SF optional basement
- Approximately 9-foot-6-inch ceilings
- Corner exposure at Fifth Avenue and 24th Street
- White-boxed interior
- Open, flexible layout
- Outdoor-space potential
- Nearby subway access at 25th Street
- New construction
Rent, escalations, and responsibility.
| Ground Floor | $64 / SF in Year 1 |
|---|---|
| Optional Basement | $32 / SF in Year 1 |
| Escalations | 5% increase in Year 2; 3% annual increases in Years 3 through 5 |
| Utilities | Paid by tenant |
Final economics, permitted use, security, guaranty requirements, construction responsibilities, possession, and lease documentation remain subject to negotiation and landlord approval.
Positioning options for the space.
- Retail
- Showroom
- Office
- Studio
- Personal service
- Select food or beverage concepts
All uses are subject to zoning, certificate of occupancy, venting and utility requirements, landlord approval, and applicable governmental permits. Nothing on this page represents that any specific use is permitted for the space.
Greenwood and the Fifth Avenue corridor.
Nearby neighborhood destinations include:
- Greenwood Cemetery
- Greenwood Park
- Baked in Brooklyn
- Ideal Food Basket
- Harbor Fitness
- Crunch Fitness
Nearby subway service is available at 25th Street.
Request leasing details or a tour.
Leasing package, plans, and delivery details are shared with qualified operators and their advisors on request.
Direct: (631) 433-9407
Email: liamkillie@danielgale.com
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