Listed by The Agency NYC Real Estate
$195,000
688 Franklin Ave
Details
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 1,600
Tenancy Vacant
Investment Type Owner/User
Retail | 1,600 SqFt
Marketing description
Restaurant/Bar for Sale with 4am liquor license in Prime Crown Heights
Rare turnkey opportunity in the heart of Crown Heights featuring a below-market lease at only $60/SF. This 1,600 SF fully built-out restaurant is ready for immediate operation and ideal for high-volume food and beverage concepts.
The space includes a fully vented commercial kitchen with gas service, a spacious indoor dining room that seats 80+ guests with a place of assembly certificate, plus a backyard outdoor seating area, with potential for larger outdoor space in adjacent property.
The basement provides exceptional operational support, featuring a walk-in refrigerator, private office, and ample room for prep and storage.
Adding significant value is a full liquor license with a rare 4:00 AM allowance, creating outstanding late-night revenue potential.
Located on a high-traffic Crown Heights block surrounded by dense residential buildings, nightlife, and established dining destinations-perfect for a restaurant, bar, lounge, or hospitality-driven concept.
Investment highlights
- 1,600 SF turnkey restaurant
- Below-market lease: $60/SF
- Fully vented kitchen with gas & extensive equipment
- Two ranges (10 burners), plancha, gas grill, broiler, 2 fryers
- Oyster shucking station, lowboys & dishwashing station
- Seating for 80+ indoors
- Backyard outdoor seating
- Basement with walk-in fridge, office & ample prep/storage
- Full liquor license with rare 4AM close
- Prime Crown Heights location
Listing Contacts
Listed by The Agency NYC Real Estate
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