170 Smith St Brooklyn, NY 11201
- Investment properties
- 3,400 SF
- 0.06 lot acres
Current Use by Public Records
- Ssam Korean Bistro / Korean Restaurant
Property Details for 170 Smith St
- Year built
- 1931
- Lot size
- 0.06 lot acres
- Property size
- 3,400 SF
- Zone code
- R6A
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 00390-0042
- APU
- 3900042
Description
This turnkey restaurant opportunity is located at 170 Smith Street in the heart of Downtown Brooklyn, New York (zip code 11201). The property boasts a spacious 2,400 square foot ground floor space, complemented by a full basement. Currently operating as a successful Korean Bistro, the space is fully built-out and equipped for immediate operation. Key features include a 20-foot hood system, a substantial seating area showcasing rustic reclaimed wood, and a well-appointed bar with a full liquor license. The basement offers ample prep space and two walk-in refrigerators. The lease has eight years remaining, offering significant operational stability at a below-market monthly rent of $10,700. This presents a rare chance to acquire a thriving business in a prime location with a favorable lease term. Serious inquiries are encouraged to discuss the key money involved in the transfer of this established restaurant. The property is situated in Kings County, New York, and offers a unique blend of established success and future potential. This is a single-tenant property, ideal for an experienced restaurateur looking to expand or acquire an existing operation. The property's location in the vibrant Downtown Brooklyn area ensures high foot traffic and visibility.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9913
- Latitude
- 40.686
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
