Prime Corner Opportunity at 601 Vanderbilt Avenue. Seize the chance to establish your business in the heart of Prospect Heights at the bustling corner of Vanderbilt and Bergen. This prime location offers unmatched visibility, with 26 feet of impressive frontage that wraps around from Vanderbilt to Bergen. Whether you're a new venture or a seasoned retailer seeking a new home, this corner spot delivers a unique opportunity to capture the energy and vibrancy of one of Brooklyn's most dynamic commercial corridors.
With 1, 200 square feet, including a versatile basement space, this property features 10-foot ceilings, two bathrooms, and ample room for flexible seating arrangements. And it's delivered ready for your vision, whether you're thinking of launching the next neighborhood hotspot or a boutique retail destination. The spacious layout and dual exposure ensure your business will be highly visible to foot traffic from both directions.
Vanderbilt Avenue is the heartbeat of Prospect Heights, drawing crowds from morning to night. As part of the Open Streets Program, the avenue transforms into a car-free zone on weekends, creating four acres of public space dedicated to outdoor dining, community events, and vibrant programming. This translates into a continuous flow of potential customers and an atmosphere brimming with energy-a perfect backdrop for your business.
Surrounded by beloved neighborhood spots like Ample Hills Creamery, Faun, Branded Saloon, and Caffe De Martini, you'll be in excellent company. Plus, with the B, D, 2, 3, A, and C trains just a short stroll away, and bike lanes that keep the area buzzing, the location's accessibility is unparalleled. An impressive 100 Transit Score, 98 Walk Score, and 89 Bike Score highlight just how connected this corner truly is.
From the iconic Prospect Park and Brooklyn Museum to the lively Barclays Center, this spot is perfectly positioned to tap into the vibrant flow of locals and visitors alike. Nestled between Park Slope, Crown Heights, and within a stone's throw of Fort Greene and Clinton Hill, this location is a magnet for both established and up-and-coming businesses.
Whether you're looking to launch a restaurant that takes advantage of outdoor seating or a retail space that benefits from the constant foot traffic, 601 Vanderbilt Avenue offers the perfect backdrop for your business to thrive. Don't miss this rare opportunity to make your mark in one of Brooklyn's most sought-after neighborhoods.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $9,600 | $9,600 | $9,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $66 | $65 | $82 |
Total Monthly Payment | $141 | $140 | $157 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.