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    338 Hamilton Ave Brooklyn, NY 11231

    For Lease
    $4,120 /Mo ($39 SF/Yr)

    Southern Italian restaurant in Red Hook with 1800s oven.

    Property size:
    1,250 SF
    Lot size:
    0.05 Acres

    Property Features for 338 Hamilton Ave

    General Information

    Size
    1,250 SF
    Lot size
    0.05 Acres

    Source: NY Space Finders Agent Nicholas Evangelista

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

    Overview

    Red Hook Restaurant with Historic Oven

    Located at 338 Hamilton Avenue in Red Hook, Brooklyn, Farina NYC is a Southern Italian restaurant featuring a centerpiece oven dating back to the 1800s. The 1,250-square-foot space includes 50 seats, a full basement for storage, a dedicated POS system, and an 8-foot Ansul system. Red Hook is known for its industrial charm, waterfront views, and artistic community. The area offers public transportation options, including nearby bus routes and access to the NYC ferry, connecting to Manhattan and beyond. This location is surrounded by a growing residential and commercial scene, making it a potential opportunity for restaurateurs.
    Insight Report Location Intelligence

    Current Use by Public Records

    Farina nyc Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Ryan Brown Catering New York, momma8kitchen com, Hyssop, Monterone Catering & Events, Alexandra Dettori Catering + Events

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.000803
    Latitude
    40.674622

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    FAQs

    What type of property is this?
    Restaurant - Southern Italian restaurant in Red Hook with 1800s oven.
    Where is this restaurant located?
    The property is located at 338 Hamilton Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: - Prime Red Hook location in a growing residential and commercial area.; - Unique centerpiece oven dating back to the 1800s.; - Fully equipped restaurant with 50 seats and 1,250 square feet of space.
    (516) 385-7725
    Request Owner's contact information
    338 Hamilton Ave Brooklyn, NY 11231
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    Brooklyn, NY 11231
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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
    338 Hamilton Ave Brooklyn, NY 11231
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