Park-Front Corner Restaurant
For Sale
$6,950,000
65 Kent Avenue, Brooklyn, NY 11249
COMMERCIAL - Other - Brooklyn, NY
Property Size5,900 SF
Lot Size0.06 Acres
Price / SF$1,177
Days on Market52
Property Features for 65 Kent Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
4
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 5
Subdivision
Williamsburg
High school district
000000
Standard status
Active
Size
5,900 SF
Lot size
0.06 Acres
Amenities
private bar
outdoor terrace
Building Details
Architectural style
Other
Listing Agency:
Compass
(646) 982-0353
Listed By:
Philip Reynolds
Added: Jun 9
Changed: Jul 30
Last Checked: Jul 30 at 4:06PM
MLS# 11816340
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Park-front commercial building set on a corner lot directly across from Bushwick Inlet Park, with unobstructed Midtown Manhattan views. The property is three stories and is approximately 5,900 SF on a 2,500 SF lot. It features a full destination restaurant and bar buildout, including professional kitchen and bar infrastructure, designed for immediate deployment. A 4am liquor license is included. The second floor includes a private bar and an expansive outdoor terrace, and the top floor contains a residential unit.
The offering can be delivered vacant or with the option to acquire the operating business. Zoning is identified as M1-2, with rezoning optionality noted in the remarks.
This asset is presented as one of the last park-front positions available in North Brooklyn.
The offering can be delivered vacant or with the option to acquire the operating business. Zoning is identified as M1-2, with rezoning optionality noted in the remarks.
This asset is presented as one of the last park-front positions available in North Brooklyn.
Key Highlights
- Park‑front corner lot directly across from Bushwick Inlet Park with unobstructed Midtown Manhattan views
- Three‑story building totaling approx. 5,900 SF on a 2,500 SF lot
- Full destination restaurant and bar buildout with professional kitchen and bar infrastructure
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $495.6k | $84.00 |
| − Vacancy | −$39.6k | −$6.72 |
| EGI | $456.0k | $77.28 |
| − OpEx | −$114.0k | −$19.32 |
| NOI | $342.0k | $57.96 |
5,900 SF · lease $84.00/SF/yr · vacancy 8.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$4.89M
$4.27M – $5.70M
NOI $341,964 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
7,204
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Electronics 20%
Apparel 17%
Shops & Services 12%
T-Mobile
Electronics
5,770 visits/mo
0.4 miles
Dos Toros Taqueria
Dining
5,518 visits/mo
0.3 miles
Everlane
Apparel
4,176 visits/mo
0.3 miles
Bond Vet
Shops & Services
3,533 visits/mo
0.5 miles
Playa Bowls
Dining
2,718 visits/mo
0.3 miles
Demographics for 11249, NY
42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Three-story corner restaurant building with full kitchen/bar buildout, private second-floor bar, outdoor terrace, and liquor license included.
Where is this conventional restaurant located?
The property is located at 65 Kent Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Park‑front corner lot directly across from Bushwick Inlet Park with unobstructed Midtown Manhattan views; Three‑story building totaling approx. 5,900 SF on a 2,500 SF lot; Full destination restaurant and bar buildout with professional kitchen and bar infrastructure
