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Built-Out Quick-Service Restaurant

111 Steuben St, Brooklyn, NY 11205

For Lease
New
Contact for pricing

The existing restaurant build-out may accommodate café concepts, with Type-2 venting possible.

Space Size1,200 SF
Days on Market3

Property Features for 111 Steuben St

General Information

Standard status Active
Size 1,200 SF
Property subtype RETAIL

Additional Details

Space Use Restaurant

Spaces For Lease

at 111 Steuben St
541 Myrtle Ave $8,000/Mo
Floor 1
Size 1,200 SF
Type RETAIL
Availability AVAILABLE, Now
Sublease No
-Built-out QSR -Perfect for restaurant/café concepts -Type-2 venting possible -Strong co-tenancy on highly visible Myrtle Avenue corridor -Across from Pratt Institute providing built-in foot traffic
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Listing Agency: Meridian Capital Group
Listed By: Jacob Mayer
Source: Moodyscre
Added: Nov 5 Changed: Nov 6 Last Checked: Nov 6 at 2:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meridian Capital Group

Rey
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Investment Insights

Based on property information with market context.

A 1,200-square-foot restaurant space is configured for quick-service use. The existing build-out provides a starting point for restaurant or café operations, and Type-2 venting is possible.

The property is on Myrtle Avenue in Brooklyn, across from Pratt Institute. The corridor is described as having strong co-tenancy and high visibility, with the institute opposite the site contributing foot traffic.

Key Highlights

  • 1,200 square feet with a built‑out quick‑service restaurant layout
  • Type‑2 venting is possible
  • Across from Pratt Institute on the Myrtle Avenue corridor

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Nursing Home Hair Salon Nail Salon Spa & Massage Center Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$12.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,770
Businesses Nearby
126k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 17% Home Improvements & Furnishings 5% Beauty & Spa 4%
Sunoco Shops & Services
17,347 visits/mo 0.4 miles
Shell Shops & Services
16,609 visits/mo 0.4 miles
Chase Bank Shops & Services
13,526 visits/mo 0.5 miles
Citgo Shops & Services
12,010 visits/mo 0.2 miles
Chase Bank Shops & Services
11,069 visits/mo 0.3 miles

Demographics for 11205, NY

50,474
Population
19,200
Households
2.6
Avg Household Size
30
Median Age
52%
College-Educated
86%
High-School Grad
1.2 sq mi
ZIP Area
42,062
Density / Sq Mi
$86,753
Median Household Income
$59,901
Median Earnings
$2,307
Median Rent
$892,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Brooklyn, NY

$45.36 /SF/Yr
Avg Asking Price
$22–$64.52 /SF/Yr
Price Range
1,932 SF
Avg Space Size

This space is priced 76% above the average of $45.36 /SF/Yr.

Properties on Market for Conventional restaurants in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The existing restaurant build-out may accommodate café concepts, with Type-2 venting possible.
Where is this conventional restaurant located?
The property is located at 111 Steuben St Brooklyn, NY.
What is the lease rate?
The lease rate is $8,000/Mo.
What are key features of this property?
This property features: 1,200 square feet with a built‑out quick‑service restaurant layout; Type‑2 venting is possible; Across from Pratt Institute on the Myrtle Avenue corridor
(212) 468-5926 Call to check price and availability
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