0 Wythe Ave, Brooklyn, NY 11249
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.