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    OFF-MARKET
    Restaurants

    275 Van Brunt St, Brooklyn, NY 11231

    1,785 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,785 square foot restaurant located at 275 Van Brunt Street in Brooklyn, NY (zip code 11231) presents a unique opportunity for restaurateurs. The property boasts a single tenancy and is zoned R5, C1-3. The space includes a fully built-out, 675 square foot main area featuring a fully equipped electric kitchen and bar, comfortable booth seating, and excellent street visibility. A significant advantage is the inclusion of a still-open Beer, Wine, and Sake license. Further enhancing the property's appeal is a 553 square foot covered backyard dining area, perfect for year-round operation, and a spacious 650 square foot basement providing ample storage. The 1,225 square foot lot is situated on Red Hook's vibrant Van Brunt Street, benefiting from the area's ongoing revitalization and growth. This includes significant investments in waterfront property, new housing, retail spaces, and green zones, as well as modernization of shipping terminals and the creation of eco-friendly logistics hubs. The property's proximity to numerous acclaimed restaurants and businesses, such as Pioneer Works, Red Hook Winery, and IKEA, further underscores its prime location and potential for success. A portion of the building is currently vacant (1,325 sq ft). Key money is required

    Property profile
    Verified
    Property type Restaurants
    Total area 1,785 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • OurHaus Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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