0 Wythe AveBrooklyn, NY 11249

For Lease
$100/SF/YR
Prime Williamsburg Nightclub, 10,000 SF

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional 10,000-square-foot special purpose property, zoned M1-2, presents a unique investment opportunity in the vibrant Williamsburg submarket. Currently configured as a nightclub and bar, this single-tenant space boasts impressive features ideal for a variety of entertainment uses. The building offers a substantial 50-foot frontage and soaring 23-foot ceilings, creating a dramatic and spacious atmosphere. With a capacity of 750 people, this venue is perfectly positioned to cater to large crowds. Its strategic location next to the Wythe Hotel and just five blocks from the L train ensures high visibility and convenient access for patrons. The absence of residential neighbors minimizes potential noise complaints, while the possibility of installing venting systems adds to its operational flexibility. A 5 to 10-year lease is available, providing long-term stability for the investor. The property's history as a successful nightclub and bar demonstrates its proven potential for generating significant revenue. The current monthly rent is $83,000. This is a rare chance to acquire a well-established entertainment space in one of Brooklyn's most sought-after neighborhoods. The property's size, location, and existing infrastructure make it an attractive proposition for experienced investors seeking a high-return investment in the thriving Williamsburg nightlife scene.

Highlights

  • Special Purpose Property: Nightclub/Restaurant/Bar in Williamsburg.
  • Single-Tenant Occupancy.
  • 10,000 square feet.
  • $83,000 monthly rent.
  • 50-foot frontage, 23-foot ceilings, 750-person capacity.
  • Located near the Wythe Hotel and five blocks from the L train.

Property Details for 0 Wythe Ave

Property type
Specialty properties
RSF (Rentable sq. ft)
10,000 SF

Unit(s) available at that property

Space
Size
10,000 SF
Rate per SF
$100

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.723219531359
Longitude
-73.957458497535
Wythe Ave, Brooklyn, New York

FAQs

What type of property is this?
Specialty property - Prime Williamsburg Nightclub, 10,000 SF
Where is the specialty property located?
The property is located at Wythe Ave Brooklyn, NY.
What is the lease rate?
The lease rate is $100/SF/YR.
What are key features of this property?
This property features: Special Purpose Property: Nightclub/Restaurant/Bar in Williamsburg.; Single-Tenant Occupancy.; 10,000 square feet.
How can I contact the broker?
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0 Wythe Ave
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