555 5th Avenue

JLL Capital Markets has been retained on an exclusive basis to represent the sale of 555 Fifth Avenue, a two-story retail building in Park Slope, Brooklyn. The building is anchored by two credit tenants, is fully stabilized, and expects to benefit from the issuance of a 15-year ICAP Tax Benefit. 555 Fifth Avenue is located on the southeast corner of 5th Avenue and 15th Street in Park Slope, Brooklyn. Park Slope’s retail scene is concentrated along 5th and 7th Avenues, featuring a mix of independent boutiques, local businesses, and national chains. The area is known for its diverse offerings, including trendy clothing stores, bookshops, artisanal food markets, national retailers, and specialty gift shops. The neighborhood’s affluent and community-oriented demographic supports a thriving retail environment that emphasizes quality, sustainability, and local ownership.