0 Boerum Pl Brooklyn, NY 11201
This exceptional opportunity presents a fully built-out, 1,984 square foot, second-generation restaurant space in Brooklyn, New York. Located on Boerum Place in the heart of a vibrant neighborhood, this Class A property boasts a prime location directly across from the Borough Hall Subway Station, benefiting from the 11.1 million annual riders. The space, established just two years ago, features a fully equipped kitchen with a 10-foot grease hood, seating for 30 indoors, and ample room for an outdoor café. All existing equipment is included (a detailed list will be provided). The current lease extends until December 31, 2032, offering a substantial remaining term of eight years. This turnkey solution allows for immediate occupancy, eliminating the time and expense of build-out. The high foot traffic, proximity to the Borough Hall Greenmarket, and dense residential and commercial population create an ideal environment for a variety of restaurant concepts. The asking price is $350,000, representing a unique opportunity to acquire a fully operational restaurant space in a highly desirable location. The property is privately owned. This is a business-only sale; the building itself is not included.
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
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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.