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Turnkey Restaurant and Bar with Yard

242 Flatbush Avenue Brooklyn, NY 11217

242 Flatbush Avenue, Brooklyn, NY, 11217
$295,000
For Sale
$295,000

Turnkey restaurant with an indoor dining floor, speakeasy-style basement, and a private outdoor yard, plus an active 4 AM liquor license.

Property Size8,003 SF
Price / SF$36.86
Days on Market30

Property Features for 242 Flatbush Avenue

General Information

Standard status
Active
Size
8,003 SF
Property subtype
Commercial
Listing Agency Hometime Estates of Brooklyn L
Listed by Lee Goldstein
Source Penrealty
Added: Jun 18 Checked: Jul 17 at 2:58 am

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 Hometime Estates of Brooklyn L


Investment Insights

Based on property information with market context.

For sale: a turnkey restaurant and bar built for ongoing operations, featuring an approximately 4,000 SF main-level dining area, an approximately 1,500 SF finished speakeasy-style basement, and an expansive approximately 3,000 SF private outdoor yard. The property is presented with all permits and licenses active and current, including a 4 AM liquor license in place.

Located at 242 Flatbush Avenue in Brooklyn, the space benefits from a high-exposure location on Flatbush Avenue. The premises are currently marketed as having previously operated as the seafood concept TheBoil NYC, and are offered for restaurant, lounge, nightlife, or hospitality use. The layout supports indoor dining and private event capabilities, along with the distinctive lower-level speakeasy-style experience.

Key Highlights

  • 4,000 SF main‑level restaurant with indoor dining and a bar
  • 1,500 SF finished speakeasy‑style basement level
  • 3,000 SF private outdoor yard

Property Analytics

Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Nursing Home Pet Grooming Service Nursing Home Tanning Salon Clothing & Fashion Store Adult Day Care Butcher (Bike/Boat/Book/etc) Store Restaurant (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant with an indoor dining floor, speakeasy-style basement, and a private outdoor yard, plus an active 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 $295,000.
What are key features of this property?
This property features: 4,000 SF main‑level restaurant with indoor dining and a bar; 1,500 SF finished speakeasy‑style basement level; 3,000 SF private outdoor yard
Contact an agent
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