242 Flatbush Avenue, Brooklyn, NY 11217

Listing office Hometime Estates LLC

Listing date Jun 19, 2026

Source Crexi

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Overview

This turnkey restaurant and bar is offered for sale with approximately 4,000 SF of main-level dining, plus an approximately 1,500 SF finished speakeasy-style basement. The property also includes an expansive approximately 3,000 SF private outdoor yard, supporting both casual and private guest experiences. A 4 AM liquor license is in place, and the available information states that all permits and licenses are active and current.

Located at 242 Flatbush Avenue in Brooklyn, the space is presented as a high-exposure location on Flatbush Avenue. The prior concept identified in the listing is TheBoil NYC, with the current offering positioned for an operator seeking a ready-to-run hospitality concept.

With indoor dining space, a finished lower level, and a substantial private outdoor yard, this setup can accommodate a range of day-to-night programming, including private events. The property is described as suitable for restaurant, lounge, nightlife, or hospitality operators, and it is currently listed with a stated monthly rent of $20,000.

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

-73.983051

Latitude

40.692313

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FAQs

What type of property is this?

Conventional restaurant - Turnkey restaurant with a finished speakeasy-style basement, private yard, and a 4 AM liquor license.

Where is this conventional restaurant located?

The property is located at 242 Flatbush Avenue 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: Restaurant and bar for sale at 242 Flatbush Avenue, Brooklyn; Approximately 4,000 SF main‑level restaurant with finished indoor space; Approximately 1,500 SF finished speakeasy‑style basement