Prime restaurant business opportunity located at Brooklyn (Greenpoint) in a high-traffic commercial corridor just steps from the subway. This newly renovated space features approximately 1,100 sq ft on the ground floor plus an additional 800 sq ft basement, offering ample room for dining, storage, and food preparation.
The restaurant is fully equipped with a complete commercial kitchen, including a professionally installed ventilation (exhaust) system. The spacious basement provides excellent storage capacity and includes a walk-in freezer and multiple brand-new refrigerators. The space also features a large bar counter, with liquor license currently in application.
Located in a vibrant neighborhood surrounded by office buildings and strong commuter traffic, the business benefits from steady takeout and delivery orders and excellent street exposure.
Lease terms: 5 years remaining with an additional 5-year renewal option.
An excellent opportunity for operators or investors seeking a turnkey restaurant in a thriving Brooklyn location.
988 Manhattan Avenue, Brooklyn, NY, 11222
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The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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