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$21,666
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Property Description
Prime 5th Avenue Retail/Commercial Space - 5,500 SF with Basement Unlock the potential of this high-visibility commercial space in the heart of Brooklyn's bustling 5th Avenue corridor. Offering approximately 5,500 square feet of total space, including a usable basement, this property boasts 29 feet of prime street frontage on one of the borough's most active and well-trafficked avenues. Located between 15th and 16th Streets, this property is surrounded by a strong mix of national and local retailers, including Chase Bank, Bank of America, Capital One, Crunch Fitness, Harbor Fitness, Sherwin-Williams, 7-Eleven, and Diamond Braces, ensuring consistent foot traffic and brand visibility. Property Highlights: ±5,500 SF total SF total (including basement) 29 FT of frontage on vibrant 5th Avenue High pedestrian and vehicle traffic Ideal for retail, medical, fitness, professional services, or showroom use Surrounded by major national tenants and strong neighborhood anchors Excellent transit access and strong local demographics This is a rare opportunity to establish your business in a high-demand, high-exposure corridor with built-in clientele and exceptional visibility.
Full Property Details
Full Property Details for 562 5th Ave
General
- Price: $21,666
- Taxes: $15,710
- Status: Active
- Type: Commercial Lease
- Source: Long_Island
- MLS ID: 901508
- Updated: 11/7/2025
- Added to Site: 152 day(s) ago
Business
- Business Type: Other
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Other
- Utility Description: Natural Gas Connected
Structural Information
- Detached/Attached: Attached
- Construction: Other
- Building Size: 5100
- Square Feet: 5,100
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.0317
- Lot Size (Sq. Ft.): 1,380
Financial Considerations
- Tax Amount: $15,710.37
Disclosures and Reports
- Special Conditions: None
- Property ID: 01047-0044
Listed by Coldwell Banker Reliable R E
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Schools
Schools serving 562 5th Ave
School District:New York City Geographic School District 15
| Name | Grades | Distance |
|---|---|---|
Ps 124 Silas B Dutcher 515 4th Avenue, Brooklyn, NY 11215 | K-5 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 562 5th Ave
Date
Details
Price
Change
Source
11/07/2025
Price Reduced
$21,666
-34.64%
MLS
8/20/2025
Listed
$33,150
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 562 5th Ave
562 5th Avenue, Brooklyn, NY 11215 (MLS# 901508) is a Commercial Lease property. 562 5th Avenue is currently listed for $21,666 and was received on August 20, 2025. Want to learn more about 562 5th Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

