242 Flatbush Avenue Brooklyn, NY $ 425,000
242 Flatbush Avenue
$ 425,000
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242 Flatbush Avenue

Brooklyn, NY, 11217
$ 425,000
Bedrooms-- Baths-- Sq 8,003

Monthly Estimate*

$ 2,617

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Commercial Property for sale in Brooklyn, NY

for $425,000. This 8,003 square foot building was built on a lot size of 0.106566.

RESTAURANT FOR SALE - PRIME BROOKLYN LOCATION Rare opportunity to acquire a well-established, fully operational restaurant and bar in the heart of Brooklyn. Formerly home to the renowned seafood concept TheBoil NYC, this exceptional property is located at 242 Flatbush Avenue, Brooklyn, NY, offering outstanding visibility, heavy foot traffic, and a thriving dining and nightlife scene. Property Highlights: Approximately 4,000 SF main-level restaurant Approximately 1,500 SF finished speakeasy-style basement Expansive 3,000 SF private outdoor yard 4 AM Liquor License in place All permits and licenses active and current High-exposure Flatbush Avenue location Turnkey opportunity for restaurant, lounge, nightlife, or hospitality operators Monthly rent: 20,000 This unique space offers multiple revenue streams with indoor dining, private event capabilities, a speakeasy-style lower level, and one of the largest outdoor spaces available in the area. Ideal for experienced operators looking to capitalize on Brooklyn's vibrant restaurant and entertainment market.

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Commercial Active

Price

$ 425,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.106566

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

502416

Features
General
Equipment Included Kitchen bar furniture
Ceiling Height Other
Roof Other
current use Bar Restaurant
Zoning r7a
Property Type Commercial
Transaction Type Sale
Financing Bank Mortgage Cash Owner
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 0
MLS Area Park Slope
Sub Type Commercial
City Brooklyn
DOM 0
Public Remarks RESTAURANT FOR SALE - PRIME BROOKLYN LOCATION Rare opportunity to acquire a well-established fully operational restaurant and bar in the heart of Brooklyn. Formerly home to the renowned seafood conce
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Interior
Walls Other
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Exterior
Foundation Other
Parking Attrib Other
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Hometime Estates Of Brooklyn L

Broker

(718) 614-3115

Phone

Affordability Calculator

$2,617
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$425,000 Listed Price

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242 Flatbush Avenue, Brooklyn, NY, 11217 is a Commercial Property for sale at $425,000 with 8,003 sqft and a lot size of 0.106566. The property's zip code is 11217 which is in Brooklyn, NY