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- LoopNet Team
160 Franklin St
Brooklyn, NY 11222
Property For Lease
Property Facts
| Property Type | Retail | Gross Leasable Area | 2,015 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1931 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 2,015 SF |
| Year Built | 1931 |
About the Property
Set on the corner of Kent and Franklin Streets, this beautiful, very successful restaurant is an opportunity awaiting a new owner. The present owner simply cannot keep up with demand. With 1300 new condos about to be built in the immediate area, this is a chance to capitalize. From it's beautiful interior to the fully-equipped kitchen and ample, 1000 sq ft basement, this restaurant is ready to provide exceptional income for years to come. Legal sidewalk seating, redesigned open windows with landmark approval, and full liquor license complete the deal. The present owner also owns the building and is happy to sign a new, hard-to-find, ten year lease. Terms are $7000 per month, plus 50% RE tax and 70% water/sewer charges. $300K in key money is also required, but the owner is now willing to listen to all offers. Greenpoint is the sister neighborhood to Williamsburg and now growing into its own, famous for its small-town charm, excellent waterfront, and vibrant retail.
