641 Classon AveBrooklyn, NY 11238

For Lease
$624/SF/YR

Established Bar, Liquor License, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
94
This thriving Crown Heights bar, established in 2013, offers a unique investment opportunity. Boasting a strong, loyal clientele and a coveted 4 AM liquor license, this turnkey business is a proven success. The current lease has nine years remaining at a monthly cost of $7,988.68. The spacious interior comfortably accommodates 155 patrons, and the property also includes valuable outdoor space. The asking price is $650,000 in key money. This well-known establishment has garnered significant recognition, including accolades as NYC's best dance bar, and features in various press releases. More than just a bar, it's a community hub, actively involved in local events and causes. This presents a rare chance to acquire a profitable, established business with a rich history and a bright future, ready to generate immediate income. The substantial occupancy and extended lease term provide significant financial stability and growth potential. This is an exceptional opportunity for an experienced entrepreneur seeking a well-established and profitable venture in a vibrant Brooklyn neighborhood.

Highlights

  • Established 2013 turnkey bar; strong clientele; 9 years remaining on lease at $7,988.68/month.
  • $650,000 key money.
  • Large bar with outdoor space; 155-person occupancy.
  • 4 AM liquor license.
  • Award-winning bar with established community presence.

Unit(s) available at that property

Space
Size
1,875 SF
Rate per SF
$624

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6785521
Longitude
-73.9584608
641 Classon Ave, Brooklyn, New York

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641 Classon Ave
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