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Retail Storefront on Main Corridor
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475 Clermont Ave, Brooklyn, NY 11238

Flexible retail spaces available with potential to combine adjacent units for larger tenants.

Property Size18,000 SF
Days on Market1150

Property Features for 475 Clermont Ave

General Information

Standard status Active
Size 18,000 SF
Property subtype RETAIL
Listing Agency: RIPCO Real Estate - Brooklyn
Listed By: Jason Pennington
Source: Moodyscre
Added: Jun 8, 2023 Changed: Jul 27 Last Checked: Jul 30 at 9:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RIPCO Real Estate - Brooklyn

Investment Insights

Based on property information with market context.

A collection of retail storefront opportunities is available on the main retail corridor in Fort Greene, Clinton Hill, Prospect Heights, Bedford-Stuyvesant, and Prospect Park. Adjacent spaces can be combined, and divisions as small as 1,562 square feet are available, supporting a range of tenant sizes.

The property is adjacent to 470 Vanderbilt Ave., which is home to a 650,000-square-foot office complex. Current co-tenants include Honey Nails and Hungry Ghost / Bar Francis NYC.

All uses are considered, with options to scale up through combined adjacent suites or take smaller footprints where needed.

Key Highlights

  • Flexible retail space with adjacent units that can be combined for larger tenants
  • All uses considered, with possible divisions as small as 1,562 SF
  • Located on the main retail corridor of Fort Greene, Clinton Hill, Prospect Heights, Bedford‑Stuyvesant, and Prospect Park

Property Analytics

Current Use

MPG Parking (MP ... Parking Lot & Garage Rumi Reiki Alternative Medicine Practice Yes Way Rose Big Box & Wholesale Store White On White Furniture Furniture & Home Goods STYLEBYRAHEL (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Nursing Home Auto Parts Store Home Appliance Store HVAC Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,890
Businesses Nearby
211k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 73% Shops & Services 18% Groceries 5% Home Improvements & Furnishings 4%
McDonald's Dining
56,606 visits/mo 0.2 miles
Chick-fil-A Dining
35,688 visits/mo 0.4 miles
Shake Shack Dining
18,217 visits/mo 0.4 miles
TD Bank Shops & Services
15,811 visits/mo 0.3 miles
Key Food Groceries
10,405 visits/mo 0.4 miles

Demographics for 11238, NY

60,090
Population
29,588
Households
2
Avg Household Size
35
Median Age
71%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
33,383
Density / Sq Mi
$132,957
Median Household Income
$85,179
Median Earnings
$2,511
Median Rent
$1,146,000
Median Home Value

Market

Lease Benchmarks for Brooklyn, NY

$56.49 /SF/Yr
Avg Asking Price
$8.63–$200 /SF/Yr
Price Range
1,529 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible retail spaces available with potential to combine adjacent units for larger tenants.
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: Flexible retail space with adjacent units that can be combined for larger tenants; All uses considered, with possible divisions as small as 1,562 SF; Located on the main retail corridor of Fort Greene, Clinton Hill, Prospect Heights, Bedford‑Stuyvesant, and Prospect Park
(212) 750-6565 Call to check price and availability
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