Chef’s Dream – Capitalize off of a brand new $275K buildout for this Brooklyn gem.

Chef’s Dream – Capitalize off of a brand new $275K buildout for this Brooklyn gem.
Available

Step into a chef’s paradise nestled right by Prospect Park in Brooklyn, NY. This newly renovated tavern bar is the ultimate canvas for your culinary vision, boasting brand-new equipment and appliances—all purchased in 2023. Owners’ initial renovation cost is $275K.  The state-of-the-art kitchen features two double-door fridges, a stove, convection oven, salamander, low boy, De’Longhi espresso machine, small fridge, single-door kitchen fridge, and under-bar glassware. With a 3-compartment sink, new ansel piping, and updated ductwork on the roof for the hood and exhaust, the kitchen is designed for efficiency and safety. The brand-new Toast POS system streamlines operations, while the Sonos hardwired stereo system sets the perfect ambiance.

Guests will be welcomed by a resurfaced bar adorned with new tile, gleaming new wood floors, and interior wood restoration that highlights the tavern’s character.  You will see vintage custom restaurant tables, antique Hitchcock dining chairs and brand-new custom captain’s chairs and barstools.  The space includes two bathrooms, one of which is ADA compliant, ensuring accessibility for all patrons. The renovated basement—with new drywall, ceilings, and floors—offers additional functional space. Climate control is a breeze with the new HVAC system and a heat/AC unit on the roof. The exterior shines with facade repairs and fresh paint, inviting guests in. This is more than just a location; it’s a turnkey opportunity to bring your culinary dreams to life in one of Brooklyn’s most vibrant neighborhoods.

Property Details

Listing Price
$249,000
Listing Price (Additional Notes)
Cash Only – No Financing / No SBA / No Seller Financing
Type
Full Service
Concept
Tavern / Restaurant
Sales
$1,000,000
Location
Brooklyn
State
New York
County
Kings County
Square Footage
1,700
Square Footage (Additional Notes)
Approximately 900 Sq Ft bar / restaurant with 400 sq ft kitchen with 400 sq ft basement.
Seating
47
Seating (Additional Notes)
with limited outdoor seating.
Parking
Street & city parking
Base Rent
$5,150
Base Rent (Additional Notes)
per month with 3% yearly increases
Lease Terms
New 10-year lease term plus 5-year Option that started in March of 2023.
Includes Real Estate
No
Liquor License
No
Licenses
Beer & Wine License
Hours
Open 7 days/week 5pm-10pm – Lunch at Noon on Friday & Brunch on Sat & Sun at 11am.

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