Established Events Venue For Sale in Crown Heights, Brooklyn
1011 Dean St, Brooklyn, NY 11238
Key Money: $295,000| Rent: $24/SF/Year | Size: 5,500 Sq. Ft.
Rare opportunity to acquire an 18-year established events space business in the heart of Crown Heights.
This professionally designed venue spans 5,500 square feet with 4,000 square feet on the ground floor and an additional 1,500 square foot second level with soaring 30 foot ceilings, offering flexible layouts and an impressive legal occupancy of 287 guests.
Built for performance and hospitality, the space comes fully equipped and turnkey. Features include a full HVAC heating and cooling system, a built-out bar, electric commercial kitchen, four bathrooms, professional stage lighting system with motorized truss, sound system and DJ equipment, theater curtains, and all furniture, fixtures and equipment including a scissor lift. The property also offers a loading dock with drive-in access, allowing trucks to enter for seamless event setup and deliveries—an exceptional logistical advantage.
With nearly two decades of operating history, this venue has an established presence in the community. The owner will provide customer and vendor lists, offering continuity and immediate revenue potential for the next operator.
Adding significant value is a below-market lease at just $24/SF/Year, creating strong long-term upside in a rapidly growing Brooklyn neighborhood.
Ideal for event operators, hospitality groups, production companies, or investors seeking a turnkey Brooklyn venue with strong fundamentals and growth potential.
Highlights:
- 18-year established events venue
- 4,000 SF main level + 1,500 SF second level with 30 foot ceilings
- Legal occupancy certificate for 287 guests
- Professionally designed & fully equipped
- HVAC heating & cooling installed
- Bar + electric kitchen
- 4 bathrooms
- Lighting, sound & DJ equipment included with a motorized truss
- Theater curtains & all furniture included
- Scissor lift included
- Loading dock with drive-in truck access
- Below-market rent: $24/SF/Yr
- Customer & vendor lists included
Serious inquiries only. Contact Evan Franca at evan.franca@theagencyre.com | +1 (917) 613-6374 for more information or to schedule a tour.