Built-Out Restaurant
472 Myrtle Ave, Brooklyn, NY 11205
For Lease
New
Contact for pricing
A furnished, equipped restaurant space is available for lease on Myrtle Avenue in Brooklyn.
Space Size2,000 SF
Days on Market3
Property Features for 472 Myrtle Ave
General Information
Standard status
Size
Property subtype
Additional Details
Space Use
Second-Generation Restaurant
Spaces For Lease
at 472 Myrtle Ave
472 Myrtle Ave
$7,000/Mo
Floor
1
Size
2,000 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
No
-Fully built-out restaurant in the heart of Clinton Hill
-Currently occupied by “Lula Mae”
-Active 2AM liquor license
-All furniture, fixtures, and equipment in place
-Below-market rent opportunity, ideal for an experienced restaurant/hospitality operator
-Clinton Hill’s most desirable dining corridors
Contact us
Listing Agency:
Meridian Capital Group
(212) 972-3600
Listed By:
Carson Shahrabani
(212) 468-5927
Source:
Moodyscre
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 6 at 2:18PM
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
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Investment Insights
Based on property information with market context.
A 2,000-square-foot restaurant space is configured for restaurant use, with furniture, fixtures, and equipment in place. An active liquor license allows service until 2 AM.
The property is at 472 Myrtle Ave in Brooklyn’s Clinton Hill neighborhood, along a dining corridor. The space is currently occupied by Lula Mae.
The property is at 472 Myrtle Ave in Brooklyn’s Clinton Hill neighborhood, along a dining corridor. The space is currently occupied by Lula Mae.
Key Highlights
- 2,000 square feet of restaurant space
- Furniture, fixtures, and equipment are in place
- Active liquor license permits service until 2 AM
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$6.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,269
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 18%
Groceries 9%
Home Improvements & Furnishings 7%
Sunoco
Shops & Services
17,347 visits/mo
0.5 miles
Citgo
Shops & Services
12,010 visits/mo
0.3 miles
Chase Bank
Shops & Services
11,069 visits/mo
0.1 miles
Bravo Supermarkets
Groceries
7,424 visits/mo
0.4 miles
Bank of America
Shops & Services
7,074 visits/mo
0.1 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 7% below the average of $45.36 /SF/Yr.
Properties on Market for Conventional restaurants in Brooklyn
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A furnished, equipped restaurant space is available for lease on Myrtle Avenue in Brooklyn.
Where is this conventional restaurant located?
The property is located at 472 Myrtle Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $7,000/Mo.
What are key features of this property?
This property features: 2,000 square feet of restaurant space; Furniture, fixtures, and equipment are in place; Active liquor license permits service until 2 AM
