Listed by The Agency NYC Real Estate
$295,000
1011 Dean Street
Details
Property Type Retail, Business for Sale
Sub Type Business Only, Commercial
Square Footage 5,500
Lease Type Modified
Lease Expiration 02/28/2036
Rent Bumps Yes
Year Renovated 2008
Lease Commencement 02/28/2026
Occupancy Date 02/28/2026
Turn Key Events Space Business for Sale 5,500 SqFt w/ Kitchen, Bar, Lighting, Sound & Equipment
Marketing description
Established Events Venue for Sale - Crown Heights, Brooklyn
Rare opportunity to acquire an 18-year established events space business in the heart of Crown Heights. This professionally designed venue spans 5,500 square feet with 4,000 on the ground floor and an additional 1,500 square foot second level with soaring 30 foot ceiling, offering flexible layouts and an impressive legal occupancy of 287 guests.
Built for performance and hospitality, the space comes fully equipped and turnkey. Features include a full HVAC heating and cooling system, a built-out bar, electric commercial kitchen, four bathrooms, professional stage lighting system with motorized truss, sound system and DJ equipment, theater curtains, and all furniture, fixtures and equipment including a scissor lift. The property also offers a loading dock with drive-in access, allowing trucks to enter for seamless event setup and deliveries-an exceptional logistical advantage.
With nearly two decades of operating history, this venue has an established presence in the community. The owner will provide customer and vendor lists, offering continuity and immediate revenue potential for the next operator.
Adding significant value is a below-market lease at just $24/SF, creating strong long-term upside in a rapidly growing Brooklyn neighborhood.
Investment highlights
- 18-year established events venue
- 4,000 SF main level + 1,500 SF second level with 30 foot ceilings
- Legal occupancy certificate for 287 guests
- Professionally designed & fully equipped
- HVAC heating & cooling installed
- Bar + electric kitchen
- 4 bathrooms
- Lighting, sound & DJ equipment included with a motorized truss
- Theater curtains & all furniture included
- Scissor lift included
- Loading dock with drive-in truck access
- Below-market rent: $24/SF
- Customer & vendor lists included
Listing Contacts
Listed by The Agency NYC Real Estate
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