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    Property profile & analytics

    663 Classon Ave, Unit 6 Brooklyn, NY 11238-3231

    • Investment properties
    • 6,500 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 27, 2021
    $22,072,796
    Location Intelligence
    Property ID
    US63-5540437
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A & R venue / Event Venue
    • Best House Painters Brooklyn / Painter

    Property Details for 663 Classon Ave

    Year built
    1931
    Lot size
    0.05 lot acres
    Property size
    6,500 SF
    Zone code
    R6A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    01142-0002
    APU
    11420002

    Description

    This exceptional 1,200 square foot retail storefront in Kings County is available for immediate occupancy. Ideal for a wide range of uses, including but not limited to restaurants, salons, boutiques, and other retail businesses. The space is brand new and offers a single-tenant occupancy. The monthly rent is $5,500, and lease terms are negotiable. This location presents a fantastic opportunity for businesses seeking a high-visibility space in a vibrant Brooklyn neighborhood. The property is perfect for various concepts, from food and beverage establishments (including restaurants, cafes, bars, and fast-casual options) to service-based businesses (such as salons, spas, and fitness centers). Retail businesses of all kinds are also well-suited to this space. The property's size and layout offer flexibility for customization to meet specific business needs. Contact us today to schedule a viewing and discuss your business plans. Don't miss this chance to secure a prime retail location in a thriving area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9588
    Latitude
    40.6776
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $773
    $4,500
    $1,184,400
    $1,188,900
    -
    $10,000
    $2,632,000
    $2,642,000

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      655 Vanderbilt Ave

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    663 Classon Ave, Unit 6
    Brooklyn, NY 11238-3231
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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
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