Wythe Ave Brooklyn, NY 11249
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 0 Wythe Ave
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
This exceptional turnkey nightclub, bar, and restaurant opportunity is located in the heart of Williamsburg, Kings County, within the vibrant Brooklyn submarket. Boasting a substantial 15,000 square feet of space, this single-tenant property offers significant potential for immediate revenue generation. The impressive 50-foot frontage ensures high visibility and foot traffic, while the 23-foot ceilings create a spacious and dynamic atmosphere. With a capacity of 750 people, this venue is perfectly suited for large-scale events and gatherings. The strategic location next to the Wythe Hotel and Schimanski further enhances its appeal and accessibility. A significant advantage is the absence of residential neighbors, minimizing potential noise complaints. The property features a fully vented kitchen and a rooftop, adding versatility and amenity value. A 10-year lease provides long-term stability and security for the investor. This is a rare opportunity to acquire a fully operational and highly successful establishment in one of Brooklyn's most sought-after neighborhoods. The current monthly revenue is $131,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9661
- Latitude
- 40.7122
