96 Wythe Ave Brooklyn, NY 11249
Property profile & analytics
96 Wythe Ave Brooklyn, NY 11249
- Hotels
- 78,215 SF
- 0.50 lot acres
Property ID
US63-2641864
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
- Sungold Restaurant Brooklyn NY (Arlo Williamsburg) / Restaurant
- ART Williamsburg Rooftop Bar, NYC (Arlo Williamsburg) / Bar & Pub
- COACHING IN STILETTOS / Vocational School / Training Center
- The Bohemia Market / (Bike/Boat/Book/etc) Store
- The Water Tower Bar / Bar & Pub / Nightclub
Property Details for 96 Wythe Ave
- Year built
- 2017
- Lot size
- 0.50 lot acres
- Property size
- 78,215 SF
- Zone code
- M1-2
- Property type
- Hotels
- APN
- 02295-0021
- APU
- 22950021
Description
This exceptional turnkey opportunity presents a fully operational nightclub, bar, and restaurant located at 96 Wythe Avenue in the vibrant Williamsburg submarket of Brooklyn, New York. Spanning 6,300 square feet across two stories, this single-tenant property offers immediate income potential for a savvy investor. The property's prime location within Williamsburg ensures high foot traffic and visibility, making it an ideal venue for a thriving nightlife establishment. The existing infrastructure is designed to support a multi-faceted business model, encompassing a nightclub, bar, and restaurant, all within a single, well-established space. The property's layout is optimized for efficient operations, with ample space for customer seating, a fully equipped bar, and a kitchen suitable for restaurant service. The building is situated in a dynamic area known for its bustling nightlife and diverse clientele. This turnkey operation minimizes the start-up time and costs associated with launching a new business, allowing for immediate revenue generation. The property's address is 96 Wythe Avenue, Brooklyn, NY 11249, within the highly sought-after Williamsburg submarket of Brooklyn. This presents a rare chance to acquire a well-established and profitable business in a prime location. The property is classified as Retail, Restaurant, and Special Purpose, offering significant flexibility and potential for future growth. The property's size and location make it an attractive investment for experienced operators seeking a high-return opportunity in a thriving market. This is a truly unique opportunity to acquire a successful and established business in one of Brooklyn's most desirable neighborhoods.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9588
- Latitude
- 40.7216
- 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
$1,437,689
$1,968,750
$12,159,900
$14,128,650
-
$4,375,000
$27,022,000
$31,397,000
