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    Williamsburg Waterfront Commercial Space Title is generated by Realmo AI

    416 Kent Avenue, Brooklyn, NY 11249

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    New
    For Lease
    $5,000/Mo $103 SF/Yr (calc)

    Commercial Lease - Williamsburg, NY

    Property size:
    580 SF
    Added:
    May 12, 2026
    Days on Market:
    1
    Last Refresh:
    May 12 at 11:06 pm

    Property Features for 416 Kent Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking features
    Garage
    Interior features
    Corner Unit
    Exterior features
    Corner Unit
    Standard status
    Active
    Size
    580 SF

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Water front features
    Wfriver, Waterfront
    Water front
    1

    Building Details

    Year built
    2016
    Year renovated
    2016
    Flooring type
    Tile
    Architectural style
    Other

    We can help!

    Listing Contact
    Emma Barattini

    Listing agent Emma Barattini

    Listing office EVERGREEN REALTY & INVESTMENTS 5825 Myrtle Avenue Office 2A, RIDGEWOOD, NY

    Listing date May 12, 2026

    MLS# 11742699 Listing URL

    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.

    HighLights

    • Prime Williamsburg waterfront location with high foot traffic.
    • Located at the base of an 857‑unit luxury apartment building and adjacent to a 431‑unit luxury development.
    • Delivered with HVAC, ADA bathroom, and walk‑in fridge.
    • Opportunity for beer & wine license.
    • Generous outdoor seating area available.
    • Suitable for all uses, perfect for a to‑go or delivery concept cafe or restaurant.

    Overview

    This commercial space is located in a prime location on the Williamsburg waterfront. It features wraparound frontage with excellent visibility and 10 FT ceilings throughout. All uses are considered, with the space being perfect for a to-go or delivery concept cafe or restaurant. There is an opportunity for a beer & wine license. The space is delivered with HVAC, an ADA bathroom, and a walk-in fridge. Located at the base of an 857-unit luxury apartment building and adjacent to a brand-new 431-unit luxury development, the property benefits from high foot traffic and a strong waterfront presence. A generous outdoor seating area is available. The property has a size of 580 square feet and is located in Williamsburg, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NAIRI New York Clothing Store City Parking Parking Lot & Garage Kent Avenue Barber ... Barber Shop ELM Learning New ... Corporate Office Everclear Exterminating Garden Center

    Suggested Use

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

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

    Similar Places Nearby

    • Naturally Niko | Vegan Caterer | Food Stylist — 91 S 3rd St # 4b, Brooklyn, NY 11249
    • Jacqueline Raynell Catering — 450 kent ave #6, brooklyn, ny 11249
    • London Cook — 110 Taylor St, Brooklyn, NY 11249
    • Decorium — 712 Wythe Ave, Brooklyn, NY 11249
    • Imperial Kosher Food Inc — 352 Roebling St, Brooklyn, NY 11211

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.969133
    Latitude
    40.710338

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    FAQs

    What type of property is this?
    Restaurant - Prime Williamsburg location, ideal for restaurant or cafe concept.
    Where is this restaurant located?
    The property is located at 416 Kent Avenue Brooklyn, NY.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: Prime Williamsburg waterfront location with high foot traffic.; Located at the base of an 857‑unit luxury apartment building and adjacent to a 431‑unit luxury development.; Delivered with HVAC, ADA bathroom, and walk‑in fridge.
    (646) 838-1378
    We can help!
    Listing Contact
    Emma Barattini
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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