A modified gross lease
is a lease structure where both the landlord and the tenant are responsible for paying a property’s operating expenses. The specific operating expenses paid by a tenant or a landlord under a modified gross lease can and do vary widely.
1217 Bedford Avenue boasts a rich architectural history dating back to 1885, when visionary developer John Anderson built Avon Hall as an entertainment palace. At the time, it was noted as an extensive and handsome building, and housed a concert and lecture hall, bowling alley, and 16-table billiard parlor. Throughout the decades, the property was used for civic, political, and religious purposes, and saw second- and third- lives as an automotive showroom, and later serving the local community. It is that rich and versatile legacy we bring into the 21st century with the newly reimagined Avon Hall.
Avon Hall consists of three components: studios, stores, and suites. Avon Stores has 3 retail storefronts with soaring ceilings; Avon Studios consists of 16 soundproofed creative studio spaces; and Avon Suites, occupying the higher floors, offers thoughtful office space designed for up-and-coming companies. Much like the original Avon Hall put the up-and-coming Bedford neighborhood of Brooklyn on the map, the restored property provides its surrounding area with high-quality commercial space to capture the future.
HIGHLIGHTS: Brand new, state-of-the-art redevelopment of a historical Brooklyn gem. Built-to-suit turnkey modern offices and retail. Located in the heart of Bed-Stuy, just one block from one of Brooklyn's most prominent intersections (Fulton Street and Bedford Avenue). More than 1,700 residential units are under development within a half mile.
Amenities
Elevator
Full Build-Out
HVAC Can be installed
Pets Allowed
Private Roof Deck
Street Parking
Nearby Transport
Subway
Bus
Franklin Av Station
3 min walk, 0.15 miles away
2
3
4
5
A
C
S
Nostrand Av Station
3 min walk, 0.17 miles away
2
3
5
4
C
A
Park Pl Station
10 min walk, 0.53 miles away
2
3
S
Bedford - Nostrand Avs Station
10 min walk, 0.55 miles away
G
Classon Av Station
12 min walk, 0.61 miles away
G
Halsey St / Bedford Av Station
0 min walk, 0.01 miles away
B26
Bedford Av / Fulton St Station
1 min walk, 0.04 miles away
B44
B44-SBS
Bedford Av / Hancock St Station
1 min walk, 0.06 miles away
B44
Fulton St / Bedford Av Station
1 min walk, 0.06 miles away
B25
B49
Bedford Av / Putnam Av Station
2 min walk, 0.13 miles away
B44
$3,000
per month
Available Now
784 ft²
$45.92 PSF
Modified Gross
A modified gross lease
is a lease structure where both the landlord and the tenant are responsible for paying a property’s operating expenses. The specific operating expenses paid by a tenant or a landlord under a modified gross lease can and do vary widely.