15 Vanderbilt Ave
Brooklyn, NY 11205
Retail Property For Sale

TerraCRG has been exclusively retained to sell the retail building at 15 Vanderbilt Avenue in Clinton Hill, Brooklyn. The 5,640 SF building is ideal for an investor looking to acquire a cash-flowing property with the current tenant (Samui); alternatively the building could be delivered vacant. The ground floor restaurant and bar is 3,240 SF with a full kitchen on the lower level consisting of 1,600 SF, an office on the second floor consisting of 800 SF and an additional 2,440 SF of available air rights. The M1-2 zoned property is advantageously located across the street from the Brooklyn Navy Yard, a massive campus undergoing its largest expansion since WWII. The Yard is home to hundreds of innovative businesses, manufacturers and tech companies and anticipates the creation of tens of thousands of jobs over the next few years with its continued growth and lease-ups in Building 77, Dock 72, the expansion of Steiner Studios and the addition of Wegman’s. The residential blocks of Clinton Hill and Fort Greene surrounding the property, are lined primarily with townhouses, punctuated by new developments. The Pratt Institute, a few blocks south, has an enrollment of more than 5,000 students and a reputation for its highly-ranked undergraduate and graduate programs in architecture, interior and industrial design. The Brooklyn Academy of Music and Barclays Center are also both in proximity