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Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 5,700 SF
  • 30’
  • May 2041
  • $31.86 CAD/SF/YR $2.66 CAD/SF/MO $181,605 CAD/YR $15,134 CAD/MO
  • Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
2026-05-01
  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Drinking Establishment
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Wi-Fi Connectivity
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Exposed Ceiling
  • Secure Storage
  • Recessed Lighting
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Finished Ceilings: 30’
  • Wheelchair Accessible
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 5,700 SF 30’ May 2041 $31.86 CAD/SF/YR $2.66 CAD/SF/MO $181,605 CAD/YR $15,134 CAD/MO Modified Gross

1st Floor

Size
5,700 SF
Ceiling
30’
Term
May 2041
Rental Rate
$31.86 CAD/SF/YR $2.66 CAD/SF/MO $181,605 CAD/YR $15,134 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Full Build-Out
Availability
2026-05-01

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Drinking Establishment
  • Space is in Excellent Condition
  • Central Air and Heating
  • Private Restrooms
  • Wi-Fi Connectivity
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Exposed Ceiling
  • Secure Storage
  • Recessed Lighting
  • Emergency Lighting
  • Plug & Play
  • After Hours HVAC Available
  • Finished Ceilings: 30’
  • Wheelchair Accessible

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Property Facts

Total Space Available 5,700 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 5,700 SF
Year Built 2006

About the Property

Established Events Venue for Sale – Crown Heights, Brooklyn Rare opportunity to acquire an 18-year established events space business in the heart of Crown Heights. This professionally designed venue spans 5,700 square feet with 4,200 on the ground floor and an additional 1,500 square foot second level with soaring 30 foot ceiling, 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 $23/SF, creating strong long-term upside in a rapidly growing Brooklyn neighborhood. Highlights: 18-year established events venue 4,200 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: $23/SF Customer & vendor lists included Ideal for event operators, hospitality groups, production companies, or investors seeking a turnkey Brooklyn venue with strong fundamentals and growth potential. Serious inquiries only. Please contact Evan with quesitons or to schedule a tour (917) 613-6374

Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

PureGym
Coast To Coast LLC
Ridgewood Savings Bank
Golden Krust Caribbean Restaurants
Planet Fitness
CrossFit
Bravo Supermarkets
Key Food
Met Foodmarkets
9Round
  • Listing ID: 39924822

  • Date on Market: 2026-03-26

  • Last Updated:

  • Address: 1011 Dean St, Brooklyn, NY 11238

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