580 Broadway, Brooklyn, NY, 11206 | $7,000

NEW RETAIL SPACE FOR LEASE | 580 BROADWAY | WILLIAMSBURG, BROOKLYN Exceptional opportunity to lease a fully renovated ±1, 400 SF retail space in the heart of Williamsburg, Brooklyn. Formerly home to an established business with a liquor license history spanning over 40 years, this versatile space is ideal for retail, café, restaurant, gallery, showroom, wellness, or boutique hospitality concepts. The space features impressive 10’–11’ ceilings, recessed lighting throughout, central heating and cooling, and a modern open layout with excellent frontage and visibility. Fully renovated just 2 years ago, the property offers a clean, contemporary feel with dual access points from both Broadway and Throop Avenue, providing flexibility for customer flow, deliveries, or private entrances. Additional highlights include an approximately 800 SF basement ideal for storage, prep, office, or operational use. Property Highlights ±1, 400 SF Ground Floor Retail ±800 SF Basement Dual Entrances: 580 Broadway 19 Throop Avenue 10’–11’ Ceilings Recessed Lighting Throughout Central Heating & Cooling Fully Renovated 2 Years Ago Strong Williamsburg Foot Traffic Former Liquor License History (40+ Years) Flexible Layout for Multiple Uses Located in one of Brooklyn’s most vibrant and rapidly growing neighborhoods, surrounded by established restaurants, bars, boutiques, and residential developments with easy access to transportation and high daily pedestrian traffic. Perfect opportunity for an operator looking to establish a presence in prime Williamsburg.

Features

  • Property Type: Mixed Use
  • Construction: Brick
  • Utilities: Electricity Connected, Phone Available
  • Heating: Heat Pump
  • Cooling: Central Air
  • Year Built: 1931
  • Acreage: 0.03
  • Est. Taxes: $14,473
  • School District: Community District 14
  • Lease Term Type: Other
  • MLS#: 1000806
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/1000806/580broadway_brooklyn_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of MAE Equities   Phone: 917-771-7142

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

580 Broadway, Brooklyn, NY, 11206

$7,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $5,600 $5,600 $5,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.625% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.609% 6.776% 6.078%
Monthly Tax Payment $1,206 $1,206 $1,206
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $34 $36 $47
Total Monthly Payment $1,315 $1,317 $1,328

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.