You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $17,880,000
Office buildings

314 Scholes St Brooklyn, NY 11206-1728

85,897 SF 1.11 ac lot Built 1920
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US63-3539851
Property summary
AI-generated overview

This exceptional 6,050 sq ft. turnkey restaurant and event space at 314 Scholes St, Brooklyn (East Williamsburg, bordering Bushwick), offers a unique opportunity. The four-year-old establishment boasts a 2,000 sq ft. interior, a partially covered and heated 3,800 sq ft. rooftop terrace, and 550 sq ft. of ground floor storage. Enjoy stunning NYC skyline and Brooklyn neighborhood views through three walls of floor-to-ceiling glass windows. The fully equipped restaurant kitchen includes a hood system, and both indoor and outdoor bars are in place. With a 325-person capacity and a Public Assembly permit, this venue is perfect for weddings, private parties, and large-scale events. A private outdoor staircase and commercial elevator provide convenient rooftop access. The property includes a 10-year lease commencing May 1st, 2025, at $12,000 per month with a 3% annual increase. Free rent is offered until May 1st, 2025. A $475,000 key money payment is required. Owner financing is available for up to 40% of the sale price, and the owner offers optional business operation consulting. This thriving establishment presents immense growth potential in a highly sought-after Brooklyn location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1920
Total area 85,897 SF
Lot 1.11 ac (48,439 SF)
Zoning code M1-1
APN 03047-0015
UPID US63-3539851
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Happy Bull Pizza Take-out & Catering
  • Substance Skatepark Brooklyn Sports Field & Court
  • LoHi Bar & Pub
  • Moveway Transfer & Storage Inc Moving Company Storage Facility
  • Strategic Distribution Inc Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$17.88M
Owner & transaction history
Tri Jay Owner LLC · 1 yrs held
Tri Jay Owner LLC
since 2025
Last sale
$19.3M
7 recorded transactions
2025
$19.3M
2021
Price N/A
2016
$27.8M
2016
Price N/A
2006
$7.4M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M1-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 314 Scholes St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message