Turnkey Restaurant/Bar For Sale with 4am Liquor License in Prime Crown Heights
688 Franklin Ave, Brooklyn, NY 11238
Key Money: $250,000 | Rent: $60 / Sq. Ft. / Year | Size: 1,600 Sq. Ft.
Rare turnkey opportunity in the heart of Crown Heights featuring a below-market lease at only $60/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 fully vented commercial kitchen with gas service, a spacious indoor dining room that seats 80+ guests with a place of assembly certificate, plus a backyard outdoor seating area, with potential for larger outdoor space in adjacent property. The basement provides exceptional operational support, featuring a walk-in refrigerator, private office, and ample room for prep and storage.
Adding significant value is a full liquor license with a rare 4:00 AM allowance, creating outstanding late-night revenue potential.
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, gas grill, broiler, 2 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
Serious inquiries only. Contact Evan Franca at evan.franca@theagencyre.com | +1 (917) 613-6374 for more information or to schedule a tour.