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    1124 Bedford Ave Brooklyn, NY 11216

    Sponsored
    For Lease
    $35 SF/Yr ($7,950 /Mo)

    Prime Brooklyn retail, 2,665 sqft

    Lot size:
    2,665 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,665-square-foot retail space is situated at 1124 Bedford Avenue in the vibrant Clinton Hill neighborhood of Brooklyn, New York. Located at the base of a new six-story luxury condo development, this property boasts 37 feet of frontage on Bedford Avenue, ensuring high visibility and significant foot traffic. The space is divisible, with a minimum of 1,313 square feet available and a maximum contiguous space of 1,352 square feet. The unit includes both ground floor and full basement space, offering ample room for a variety of retail uses, such as a storefront, coffee shop, or showroom. The property is part of a thriving commercial corridor, surrounded by diverse businesses including home goods stores, art galleries, clothing boutiques, educational institutions, medical offices, coffee shops, bars, and restaurants. The area also features a mix of historic brownstones and modern developments. Conveniently located near the G, A, and C subway lines, this property offers easy access to public transportation. Furthermore, the Brooklyn Hospital Center and Interfaith Medical Center are a short 10-minute drive away. Nearby businesses include Home Frite, Brooklyn House of Comedy, Oaxaca Taqueria, Playground Coffee Shop, Metropolitan City Market, and the Bed-Stuy YMCA. The asking rent is $7,950 per month. This is a truly unique opportunity to establish a business in a prime Brooklyn location. The six-story building offers excellent exposure and is situated in a densely populated area with high pedestrian traffic.

    Property Features for 1124 Bedford Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,665 SF
    Total Rate
    7950.58

    Building Details

    Stories
    6

    Unit(s) available at that property

    Space
    Basement
    Size
    1,352 SF
    Rate per SF
    $35
    Space
    Ground Floor
    Size
    1,313 SF
    Rate per SF
    $35

    HighLights

    • 14‑foot ground floor ceilings, 10‑foot basement ceilings.
    • 37‑foot frontage on Bedford Avenue.
    • $7,950 monthly rent ($35.80 per square foot).
    Property Profile Location Intelligence

    Current Use by Public Records

    Farsi Art and music ... Distance Learning Center Gravity Tattoo Studio. ... Tattoo And Piercing Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.954876
    Latitude
    40.685962

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    FAQs

    What type of property is this?
    Individual retail property - Prime Brooklyn retail, 2,665 sqft
    Where is this individual retail property located?
    The property is located at 1124 Bedford Ave Brooklyn, NY.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 14-foot ground floor ceilings, 10-foot basement ceilings.; 37-foot frontage on Bedford Avenue.; $7,950 monthly rent ($35.80 per square foot).
    Request Owner's contact information
    1124 Bedford Ave Brooklyn, NY 11216
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    Brooklyn, NY 11216
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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
    1124 Bedford Ave Brooklyn, NY 11216
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