242 Flatbush, Brooklyn, NY 11217

Listing office Hometime Estates of Brooklyn L a***@gmail.com Show Phone

Listing date Jun 16, 2026

Source Xome

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Overview

This turnkey restaurant and bar opportunity includes approximately 4,000 SF of main-level dining, plus approximately 1,500 SF of finished speakeasy-style basement space. The property also features an expansive approximately 3,000 SF private outdoor yard, designed for guest seating and private use. A 4 AM liquor license is in place, and the listing states that all permits and licenses are active and current, supporting an operator-ready transition.

Located at 242 Flatbush Avenue in Brooklyn, the property is described as having a high-exposure storefront on Flatbush Avenue. The space was formerly home to the seafood concept TheBoil NYC, and it is being offered as a fully operational restaurant and bar.

With indoor dining, a speakeasy-style lower level, and outdoor yard capacity, this offering may fit operators seeking a restaurant, lounge, nightlife, or hospitality-focused configuration. The presence of an active liquor license and current permitting can help reduce upfront licensing friction for an incoming team. The setup also supports programming that includes private event use within the existing interior and basement areas.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.974308

Latitude

40.679156

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FAQs

What type of property is this?

Conventional restaurant - Turnkey restaurant and bar sale with indoor space, a finished basement, outdoor yard, and a 4 AM liquor license.

Where is this conventional restaurant located?

The property is located at 242 Flatbush Brooklyn, NY.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: Approx. 4,000 SF main‑level restaurant and bar space at 242 Flatbush Avenue, Brooklyn; Approx. 1,500 SF finished speakeasy‑style basement with 3 guest facilities; Approx. 3,000 SF private outdoor yard for dining and events