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688-690 Franklin Ave 1,800 SF of Retail Space Available in Brooklyn, NY 11238
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,800 SF | Jul 2030 | $53.00 /SF/YR $4.42 /SF/MO $95,400 /YR $7,950 /MO | Modified Gross |
1st Floor
Vented 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 $53/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 Type 1 vented commercial kitchen with gas service and fire suppression system, a spacious indoor dining room that seats 80+ guests with a place of assembly certificate, plus a backyard outdoor seating area, offering strong dine-in and outdoor appeal. Adding significant value is a full liquor license with a rare 4:00 AM allowance, creating outstanding late-night revenue potential. The basement provides exceptional operational support, featuring a walk-in refrigerator, private office, and ample room for prep and storage. 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. Highlights: 1,600 SF turnkey restaurant Below-market lease: $60/SF Fully vented kitchen with gas & extensive equipment Two ranges (10 burners), plancha, grills, broiler, 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 Asking Key $250k Serious inquiries only. Contact Evan for more information or to organize a tour at 917-613-6374
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
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.
Select Tenants at 688-690 Franklin Ave, Brooklyn, NY 11238
- Tenant
- Description
- US Locations
- Reach
- Atmpc Yafa Minimarket
- -
- 1
- -
- Mayfield
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Atmpc Yafa Minimarket | - | 1 | - |
| Mayfield | Restaurant | 1 | - |
Property Facts
| Total Space Available | 1,800 SF | Gross Leasable Area | 3,800 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,800 SF |
| Year Built | 1930 |
Nearby Major Retailers
Contact the Leasing Agent
688-690 Franklin Ave