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    333 Schermerhorn St Brooklyn, NY 11217

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    For Lease
    Contact for pricing

    Highly visible retail and restaurant space in downtown Brooklyn.

    Property size:
    3,100 SF
    Lot size:
    1.22 Acres

    Property Features for 333 Schermerhorn St

    General Information

    Size
    3,100 SF
    Lot size
    1.22 Acres

    Source: RIPCO Real Estate - Brooklyn Agent Jason Pennington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail & Restaurant Space

    This retail and restaurant space is available for lease in downtown Brooklyn. It is positioned at the center of Brooklyn's residential, office, cultural, and hospitality growth. The location benefits from high visibility, with approximately 55,000 cars passing daily on Flatbush Avenue. Logical divisions of the space are possible. The property is located at the base of a 750-unit market rental building and the new Compass flagship office. Onsite parking is available. It is situated across from the Brooklyn Academy of Music and blocks from Barclays. The property has a size of 3,100 square feet.
    Location Intelligence

    Current Use by Public Records

    Showbiz pizza American Restaurant Convinient Cervises Mobile Hairdresser WICKY INC. Clothing Wholesaler Zipcar Location Transportation Service Davis Communication Strategies Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.981407
    Latitude
    40.687394

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    FAQs

    What type of property is this?
    Retail space - Highly visible retail and restaurant space in downtown Brooklyn.
    Where is this retail space located?
    The property is located at 333 Schermerhorn St Brooklyn, NY.
    What are key features of this property?
    This property features: - Prime downtown Brooklyn location with high visibility for retail/restaurant; - High traffic volume: 55,000 cars daily on Flatbush Avenue; - Located at the base of a 750-unit market rental building and new Compass flagship office
    (718) 233-6565
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    333 Schermerhorn St Brooklyn, NY 11217
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    Brooklyn, NY 11217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    333 Schermerhorn St Brooklyn, NY 11217
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