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818 Franklin Ave 818 Franklin Ave 1,200 SF of Retail Space Available in Brooklyn, NY 11225
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | 5-10 Years | $80.00 /SF/YR $6.67 /SF/MO $96,000 /YR $8,000 /MO | Modified Gross |
1st Floor
Turnkey Restaurant & Bar on Prime Crown Heights Retail Corridor Rare opportunity to lease a fully built-out, second-generation restaurant and bar at 818 Franklin Avenue in Crown Heights, formerly home to the acclaimed Agi’s Counter. The space features approximately 1,200 square feet on the ground floor, plus a large basement offering substantial additional space for storage, food preparation, refrigeration, or other back-of-house operations. The restaurant infrastructure already in place includes a commercial hood and ventilation system, gas line, grease trap, three-phase electric service, sinks, restrooms, and a built-out bar—allowing a qualified operator to avoid much of the time and expense associated with constructing a restaurant from scratch. Situated along a vibrant Crown Heights retail and dining corridor, the property offers excellent frontage, strong visibility, and consistent pedestrian traffic. It is conveniently located near multiple subway lines and just minutes from Prospect Park. Property Highlights Approximately 1,200 SF ground-floor restaurant space Large additional basement Formerly Agi’s Counter Turnkey restaurant and bar buildout Commercial hood and ventilation system Gas line Three-phase electric service Grease trap Bar and sinks in place Existing restrooms Excellent frontage and visibility Close to multiple subway lines Minutes from Prospect Park Asking rent: $8,000 per month Ideal for a restaurant, bar, café, bakery, wine bar, cocktail concept, or specialty food operator seeking a highly visible Brooklyn location with extensive restaurant infrastructure already in place.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Basement
- Hardwood Floors
- Vented Kitchen
- Turnkey Restaurant Space
- 3 Phase Electric
- Large Basement 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.
Property Facts
| Total Space Available | 1,200 SF | Gross Leasable Area | 34,910 SF |
| Property Type | Retail | Year Built | 1923 |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 34,910 SF |
| Year Built | 1923 |
Nearby Major Retailers
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818 Franklin Ave | 818 Franklin Ave
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