Bed-Stuy Gateway and the Fulton-Nostrand Revitalization Project

More Herkimer Street Vacant Lot Action

The south side of Herkimer Street between New York Avenue and Nostrand Avenue is bookended by two rather sizeable vacant lots. The lot at the corner of New York Avenue, which we previously discussed, is listed for sale by a Bed-Stuy real estate agency. At the opposite end, the lot at the corner of Nostrand Avenue however, is sort of a mystery. It lay there fallow, sitting just one block south of the A Train, teasing passersby with its vacant-ness, and more often than not, unsightly weeds and trash. We don't really know any of the details on this lot other than that it tends to become an overgrown, trash-strewn mess that periodically requires the local Community Board to request that the Department of Sanitation clean it up on behalf of the property owner.

Do any of you readers out there know anything about the history and future of this lot? We'd love to know.

Link: Aerial View of Vacant Lot at the Southeast Corner of Nostrand Avenue and Herkimer Street - Windows Live
Previously: Real Estate for Sale: Vacant Lot at Herkimer Street and New York Avenue - Bed-Stuy Gateway

For Lease - 1399A Fulton Street

On the heels of yesterday's announcement of the closing of Susan's Collection, it is now time to say goodbye and farewell to Sweet Beauty Nails Salon at 1397A Fulton Street. There isn't yet a tenant in line for this space, so this prime Fulton Street retail space is available for an exciting small business owner. Details you ask? Here they are:
Address: 1397A Fulton Street
How big is it? 1,200 square feet on street level, with basement space.
How much is rent? Around $4,000 a month
Description: 20 foot wide storefront located across the street from Restoration Plaza. Close to Applebee's, Super Foodtown, Sterling Optical, three banks across the street.
Whom do I contact? Mr. Wilson @ (718) 636-5477

For Lease: Nostrand Avenue and Halsey Street

Looks like the northeast corner of Nostrand Avenue and Halsey Street got a little nip / tuck work done to itself prior to posing for this shiny promotional rendering passed on to us by our friends at Massey/Knakal, who are looking for a few good retailers to fill up this space. 
Some details:
- 449 Nostrand Avenue/95 Halsey Street
- Two short blocks north of Fulton Street and the A,C Trains at Nostrand Avenue.
- 100 foot frontage on Nostrand Avenue, 25 feet on Halsey Street

- Approximate gross leasable retail area: 4,200 square feet on two floors.
- Ground floor: $7,000/month, 2,100 square feet, 100 foot frontage on Nostrand Avenue.
- Second floor: $4,375/month, 2,100 square feet

Interested parties should contact:

 

SHANE DRISCOLL sdriscoll@masseyknakal.com Massey Knakal Realty Services 447 86th Street Brooklyn, NY 11209  (718) 238-8999 ext. 6520 (718) 238-6091 (Fax)

PETER SCHUBERT pschubert@masseyknakal.com Massey Knakal Realty Services 447 86th Street Brooklyn, NY 11209 (718) 238-8999 ext. 6521 (718) 238-6091 (Fax)

For Lease: High Above Fulton Street and Nostrand Avenue

And speaking of Solano Optical, here is a picture of its current location at the very busy corner of Fulton Street and Nostrand Avenue. You'll notice that located above Solano Optical is a large, 2nd floor retail space.  Details:

• 2,800 s.f. 2nd floor space with street level access.  Building is adjacent to the entrance to the Nostrand Avenue subway station (A,C Train). 
• Zoning is C4-2, landlord will only permit commercial retail uses.  No bars or clubs.

Contact: (718) 339-3604

For Lease Update - 1331 Fulton Street (former Nubian Heritage space)

A month ago, we reported on the abrupt shuttering of Nubian Heritage's Bed-Stuy location (above left) and posted  information on the 2,000 s.f. retail space it was leaving.  One month later, the space has been leased to the owners of Solano Optical (above right).  Solano Optical, which has a location half a block away at the corner of Fulton Street and Nostrand Avenue, will be relocating to 1331 Fulton Street, occupying one half of the former Nubian Heritage space.  The owners of Solano Optical are now subleasing the other half of the space.  Details:

• Approximately 1,000 s.f.(16'x62') at street level and 500 s.f. basement space. 
  
• Newly remodeled and ready for move-in, new wood floors, Central AC, lighting, new storefront glass, gate, utilities negotiable
• Sublease from primary tenant, 10-year lease available,
• Asking $6,000-$7,000 per month
• Prohibited businesses: Ladies' Shoes, Gold/Jewelry Store, Hardware Store, Electronics Store,

Contact: (917) 771-4269

Previously: For Lease-Newly Remodeled Fulton Street Retail Space

Commercial Listings Double Header - Space For Lease and Building for Sale

Here are two listings for commercial space in Bedford Stuyvesant that a Bed-Stuy Gateway reader pointed out to us.  While these  two listings aren't within the Bed-Stuy Gateway business district, they are close enough - just a few blocks away - to warrant this real estate service announcement.

For Lease:  Community-related organizations, schools or daycare facilities are wanted for the empty space in this handsome building at 375 Stuyvesant Avenue, a landmarked structure in the Stuyvesant Heights Historic District that is currently used as a senior center.  The rental even comes with parking for 8 cars - where else can you get that in New York City?

After the jump, a few details about the second listing.

Listing: Massey Knakal - 375 Stuyvesant Avenue
Listing: Massey Knakal - 1876 Fulton Street

Retail Space for Lease: 1401 Fulton Street

Located on a busy stretch of Fulton Street, directly across the street from Restoration Plaza, this 1,000 s.f. retail space has a 20' wide street frontage and is 50' deep.  The space is delivered as an empty shell, tenant must build out the interior.  Neighboring businesses include Sterling Optical, JPMorganChase, Washington Mutual, Citibank, Baskin Robbins, Applebee's and Super Foodtown.

Annual rent is approximately $40 p.s.f.

For more information, contact (718) 636-5477.

UPDATE:  These spaces have been rented, as of 12/07/2005

Retail Space for Lease: Restoration Plaza

Restoration Plaza is the defacto town center for Bedford Stuyvesant.  This mixed-use complex is home to the corporate offices of Bedford Stuyvesant Restoration Corporation, The Billie Holiday Theater, the College of New Rochelle School of New Resources and a growing number of major retailers.  Join Super Foodtown supermarket, Duane Reade, Washington Mutual, JPMorganChase, Citibank, Baskin Robbins and Applebees and establish a presence in Bedford Stuyvesant at Restoration Plaza. 
 Click here to download the Restoration Plaza Leasing Brochure PDF.
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For Lease - Newly Remodeled Fulton Street Retail Space

Nubian Heritage Bed-Stuy didn't quite make it to its 1-year anniversary on Fulton Street before the owners decided it was time to throw in the towel and close shop.  It is too bad that the store wasn't able to succeed.  When they moved in, Nubian Heritage completely remodeled and built out the store's interior quite attractively, adding a quality retailing presence that is needed on Fulton Street and Nostrand Avenue.  Now, Bed-Stuy residents have to go to downtown Brooklyn to get their Nubian Heritage produced shea and cocoa butters. 

The departure of Nubian Heritage creates a rare opportunity for a new business owner.  Located at 1331 Fulton Street, the retail space is located in a prime spot in the Fulton-Nostrand business district.

Details about the space:

• 40'(street frontage) x 60'(depth): Approximately 2,400 square feet
• Triple Net Lease
• New 10-year lease desired
• Space has central air, heat, fully renovated (see photos).  Tenant simply has to build out the storefront and customize the interior space.
• Prohibited business categories: Ladies' Shoes, Gold/Jewelry Store, Hardware Store, Electronics Store,
• Desired business categories: Sit-down coffee-shop or cafe, full-service restaurant, video rental service

Annual Rent approx: $40-45 psf
For more information, contact 718-230-5254