101 Smith St Brooklyn, NY 11201

This turnkey restaurant, located at 101 Smith St in the heart of Downtown Brooklyn (zip code 11201), presents a unique investment opportunity. The 1,000-square-foot space, situated in a single-story, 1950-built building completely renovated in 2020, boasts a modern, open layout seamlessly integrating the kitchen and dining area. High ceilings add to the spacious feel. Climate control is handled by efficient wall-mounted split units for both heating and air conditioning. The fully equipped kitchen includes a commercial exhaust system, ensuring efficient and compliant operation. A full basement provides ample space for food preparation, enhanced by a new walk-in refrigerator. The property operates under a modified lease with a remaining term of five years, offering a strong foundation for immediate revenue generation. The lease includes the option to renew for an additional five years. All utilities are metered separately, providing clear cost control. This 100% occupied property offers a compelling combination of prime location, modern amenities, and a strong lease, making it an ideal acquisition for a savvy investor seeking immediate returns. The asking price is $139,000, translating to $139 per square foot.