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    450 Grand Ave Brooklyn, NY 11238

    For Lease
    Contact for pricing

    New, vented retail space with HVAC & storage.

    Lot size:
    41,385 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional Class A retail property, built in 2024, offers 6,000 square feet of immediately available space within a larger 41,385 square foot building. Located in the vibrant Clinton Hill neighborhood of Brooklyn, New York, this mixed-use development boasts six individual retail suites, each a minimum of 910 square feet and a maximum of 6,000 contiguous square feet. Each suite is meticulously finished, featuring black-iron venting, HVAC systems, and dedicated storage areas. The building is conveniently situated on Grand Avenue, just off Fulton Street, offering excellent visibility and accessibility. Its proximity to the Putnam Triangle, Barclay's Center, and numerous public transportation options ensures high foot traffic and convenient access for both customers and employees. The property sits on 0.22 acres of land and features eight stories, elevators, and ample parking. The zoning is R7A, C2-4, and the Kings County APN is 01981-0070. Property taxes are $10.50 per square foot. This is a truly unique opportunity to establish a thriving business in one of Brooklyn's most desirable locations. The building's modern design and amenities, combined with its prime location, make it an ideal space for a variety of retail uses, including cafes, restaurants, bars, salons, and other retail establishments.

    Property Features for 450 Grand Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    41,385 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    8

    Unit(s) available at that property

    Space
    Inline #4
    Size
    1,010 SF
    Space
    Inline #3
    Size
    1,012 SF
    Space
    Inline #1
    Size
    1,027 SF
    Space
    Inline #2
    Size
    910 SF
    Space
    Inline #5
    Size
    1,033 SF

    HighLights

    • 6,000 SF of immediately available Class A retail space in a new (2024) 41,385 SF building.
    • Located in Clinton Hill, Brooklyn, NY, on Grand Avenue near Fulton Street, offering excellent visibility and accessibility.
    • Features eight stories, elevators, ample parking, and 0.22 acres of land.
    • Individual suites range from 910 SF to 6,000 contiguous SF, each with black‑iron venting, HVAC, and dedicated storage.
    • High foot traffic due to proximity to Putnam Triangle, Barclays Center, and public transportation.
    • Property taxes are $10.50/SF; zoning is R7A, C2‑4; Kings County APN is 01981‑0070.
    Property Profile Location Intelligence

    Current Use by Public Records

    Four Fifty Grand Real Estate Agency

    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
    -73.96198
    Latitude
    40.68347

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    FAQs

    What type of property is this?
    Restaurant - New, vented retail space with HVAC & storage.
    Where is this restaurant located?
    The property is located at 450 Grand Ave Brooklyn, NY.
    What are key features of this property?
    This property features: 6,000 SF of immediately available Class A retail space in a new (2024) 41,385 SF building.; Located in Clinton Hill, Brooklyn, NY, on Grand Avenue near Fulton Street, offering excellent visibility and accessibility.; Features eight stories, elevators, ample parking, and 0.22 acres of land.
    Request Owner's contact information
    450 Grand 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
    450 Grand Ave Brooklyn, NY 11238
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