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    475 Clermont Ave Brooklyn, NY 11238

    For Lease
    Contact for pricing

    Retail space available in Brooklyn, adjacent to office complex.

    Property size:
    1,801 SF
    Lot size:
    1.19 Acres

    Property Features for 475 Clermont Ave

    General Information

    Size
    1,801 SF
    Lot size
    1.19 Acres

    Source: RIPCO Real Estate - Brooklyn Agent Jason Pennington

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

    Overview

    Retail Space on Clermont Avenue

    Retail spaces are available for rent, with the possibility of combining adjacent spaces. All uses are considered, and divisions can be as small as 1,562 square feet. Opportunities exist for both larger anchors and smaller local businesses to gain exposure on the main retail corridor of Fort Greene, Clinton Hill, Prospect Heights, Bedford-Stuyvesant, and Prospect Park. Over 6,000 residential units are planned to come to market between now and 2024. The property is adjacent to 470 Vanderbilt Avenue, home to a 650,000-square-foot office complex. Current co-tenants include Honey Nails and Hungry Ghost / Bar Francis NYC. The property size is 1,801 square feet.
    Location Intelligence

    Current Use by Public Records

    MPG Parking (MP ... Parking Garage Rumi Reiki Reiki Therapist Yes Way Rose Alcoholic Beverage Wholesaler White On White Furniture Furniture Store STYLEBYRAHEL Vintage Clothing Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon 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
    -73.96879
    Latitude
    40.683083

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    FAQs

    What type of property is this?
    Retail space - Retail space available in Brooklyn, adjacent to office complex.
    Where is this retail space located?
    The property is located at 475 Clermont Ave Brooklyn, NY.
    What are key features of this property?
    This property features: - Over 6,000 new residential units coming to market by 2024 in the surrounding area.; - Located on the main retail corridor of multiple desirable neighborhoods.; - Adjacent to a 650,000-SF office complex at 470 Vanderbilt Ave.
    (718) 233-6565
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    475 Clermont Ave Brooklyn, NY 11238
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    Brooklyn, NY 11238
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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
    475 Clermont Ave Brooklyn, NY 11238
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