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1183 Broadway 2,500 SF of Retail Space Available in Brooklyn, NY 11221
Highlights
- hvac
- finished basement
- commercial kitchen
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500 SF | 10-15 Years | $57.60 /SF/YR $4.80 /SF/MO $144,000 /YR $12,000 /MO | TBD |
1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,500 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1930 |
About the Property
Located just steps from the Kosciuszko J Train Station, this rare commercial opportunity offers a fully built-out restaurant/nightclub space with exceptional infrastructure already in place. The premises feature a brand-new, fully equipped commercial kitchen, new HVAC and venting systems, ADA accessibility, a finished basement with multi-stall restrooms, additional storage areas, and the potential to add skylights for enhanced natural light. While the existing layout is ideal for a restaurant, bar, or entertainment venue, ownership is open to a wide variety of legal commercial uses and welcomes creative business concepts. Property Highlights Asking Rent: $12,000/month ($57.60 PSF annually) Immediate occupancy Large commercial footprint Approximately 20 feet of frontage Tall ceilings Existing restaurant/nightclub buildout Brand-new commercial kitchen New HVAC and venting ADA accessible entrance and restroom Finished basement Multi-stall restrooms Additional storage areas Potential for skylights Modified Gross Lease Ownership seeking 10+ year lease term Co-broke offered Showings by appointment only Ideal Uses National restaurant concepts National retailers Full-service restaurants Cocktail bars Entertainment venues Specialty retail Fitness concepts Medical or wellness Creative office or showroom Gallery or experiential retail Location Highlights Steps from the Kosciuszko J Train Station Heavy pedestrian traffic Dense residential neighborhood Surrounded by established restaurants, bars, and retailers Thriving nightlife and growing consumer base One of Brooklyn's fastest-growing commercial corridors Ownership is seeking experienced, well-capitalized operators with a proven track record of successfully operating brick-and-mortar businesses. Preference will be given to established regional or national restaurant chains and national retail tenants.
- Air Conditioning
Nearby Major Retailers
Contact the Leasing Agent
1183 Broadway