550 Vanderbilt Ave RETA Brooklyn, NY 11238-3295
This exceptional 2,400 square foot retail space is ideally situated on Vanderbilt Avenue between Pacific and Dean Streets in the vibrant Prospect Heights neighborhood of Kings County. Boasting 70 feet of frontage on Pacific Street, this ground floor space offers immediate possession and is in white box condition, allowing for complete customization to suit your business needs. Previously used as a construction office, the property presents a blank canvas for a variety of retail concepts. The location is unparalleled, situated on one of Prospect Heights' busiest retail corridors, benefiting from high foot traffic and excellent visibility. The property enjoys close proximity to a diverse range of established businesses, including Van Leeuwen Artisan Ice Cream, Ciao Gloria, Olmstead, Weather Up, Bierwax, Chuko, Zaytoon's, Barclays Center, Ample Hills Creamery, LaLou, Alta Calidad, White Tiger, Chelsea Piers Fitness, Brooklyn Tech, and McDonalds. Exceptional transportation access is a key advantage, with the A & C subway lines just one block away at the Clinton-Washington Avenue station. Furthermore, the property is a short walk to Atlantic Avenue, Brooklyn's busiest transportation hub, servicing nearly 14 million passengers annually. All uses are considered. This is a truly remarkable opportunity to establish a thriving business in a high-demand location. Asking rent is available upon request.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.