314 Scholes St Brooklyn, NY 11206-1728
Property profile & analytics
314 Scholes St, Brooklyn, NY 11206-1728
- Office buildings
- 85,897 SF
- 1.11 lot acres
Property ID
US63-3539851
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 314 Scholes St
- Year built
- 1920
- Lot size
- 1.11 lot acres
- Property size
- 85,897 SF
- Zone code
- M1-1
- Property type
- Office buildings
- APN
- 03047-0015
- APU
- 30470015
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $18,850,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9353
- Latitude
- 40.7092
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$671,727
$1,089,900
$6,504,750
$7,594,650
-
$2,422,000
$14,455,000
$16,877,000
