Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    14 Franklin St Brooklyn, NY 11222

    For Lease
    $45 SF/Yr

    Prime Williamsburg, 26,000 SF, High Ceilings

    Lot size:
    26,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 26,000-square-foot industrial property, located in the highly desirable Williamsburg submarket of Kings County, Brooklyn, presents a unique investment opportunity. Currently configured as a nightclub/concert venue, this single-tenant space boasts impressive features ideal for entertainment or adaptive reuse. The building features soaring 30-foot ceilings, providing a dramatic and spacious atmosphere. Modern amenities include central air conditioning and high-speed WiFi, ensuring comfort and connectivity for patrons and staff. A full bathroom and shower facilities are conveniently located on-site. A significant advantage is the inclusion of a substantial 10,000-square-foot private outdoor space, perfect for expanding operations, creating additional seating areas, or hosting special events. The property's current monthly rent is $97,000, reflecting its prime location and desirable features within the vibrant Williamsburg submarket cluster. This versatile space offers significant potential for a variety of uses, making it an attractive investment for discerning buyers seeking a unique and established property in a thriving Brooklyn neighborhood. The property is classified as Industrial, Restaurant, and Special Purpose, with a subtype of Concert, venue, nightclub, restaurant, and sport facility. Its size and amenities make it suitable for a range of entertainment-focused businesses or creative adaptations.

    Property Features for 14 Franklin St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,000 SF

    Unit(s) available at that property

    Space
    Size
    26,000 SF
    Rate per SF
    $45

    HighLights

    • Industrial, restaurant, and special purpose property in Williamsburg, Brooklyn.
    • Single‑tenant occupancy.
    • 26,000 square feet.
    • $97,000 monthly rent.
    • Features 30‑foot ceilings, AC, Wi‑Fi, a shower/bathroom, and a 10,000 square foot private outdoor space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9570663
    Latitude
    40.7258264

    Nearby Similar for Lease

    • New
      $25,000
      7,500 SF

      Renovated Office Space in Brooklyn

      7,500 sq ft office space with private elevator.
      405 Gates Ave, Brooklyn, NY 11216
      View Details
    • $6,000 /Mo
      1,540 SF

      Brighton Beach Medical Office Suite

      Turn-key medical suite in high-demand Brooklyn neighborhood.
      2833 Ocean Pkwy, Brooklyn, NY 11235
      View Details
    • $7,000 /Mo
      3,500 SF

      Renovated Office Space in Williamsburg

      Recently renovated 3,500 SF office space with new amenities.
      84 Withers St, Brooklyn, NY 11211
      View Details
    • $27,880
      6,970 SF

      Brooklyn Newly Constructed Corner Building

      Newly constructed 4-story corner building with finished basement for lease.
      5301 7Th Ave, Brooklyn, NY 11220
      View Details
    • $8,100 /Mo
      2,304 SF

      Brooklyn Commercial Condo with Parking

      Spacious commercial condo near transportation, ideal for medical or professional use.
      1749 East 16Th St, Brooklyn, NY 11229
      View Details
    • $17,000 /Mo
      4,000 SF

      Red Hook Warehouse with Yard

      Brooklyn warehouse with yard for lease near BQE.
      195 Bush St, Brooklyn, NY 11231
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Williamsburg, 26,000 SF, High Ceilings
    Where is this restaurant located?
    The property is located at 14 Franklin St Brooklyn, NY.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: Industrial, restaurant, and special purpose property in Williamsburg, Brooklyn.; Single-tenant occupancy.; 26,000 square feet.
    Request Owner's contact information
    14 Franklin St Brooklyn, NY 11222
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    14 Franklin St
    Brooklyn, NY 11222
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    14 Franklin St Brooklyn, NY 11222
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.