Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Highlights

  • Reinforced Steel Beams on Mezzanine Level
  • In between a new restaurant at 128 Metropolitan Ave and Nitehawk Cinema (136 Metropolitan)
  • Amazing street traffic on weekends, comparable to area of North 11th st @ Berry St
  • Non-mezzanine area has a ceiling height over 20' high

Features

Clear Height
22’
Drive In Bays
2

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 3,850 SF
  • 10 Years
  • $116.77 CAD/SF/YR $9.73 CAD/SF/MO $449,553 CAD/YR $37,463 CAD/MO
  • Flex
  • Partial Build-Out
  • Now

134 Metropolitan Avenue Commercial Warehouse (existing) Asking Rent - $29,000 per Month... This is a strategic listing for a high-value asset in one of Brooklyn’s most competitive submarkets. The transition from a standalone commercial building to a mixed-use residential development adds a layer of complexity—and opportunity—for a prospective anchor tenant. Below is a breakdown of the property’s key metrics and considerations for a potential operator. ### Space Breakdown | Level | Square Footage | Notes | | :--- | :--- | :--- | | **Ground Floor** | 3,300+ SF | Main retail/restaurant floor; high visibility. | | **Upper Mezzanine** | ~500 SF | Ideal for VIP seating, office, or DJ booth. | | **Below Grade** | 1,000 SF | Previously ADA-approved for lounge use; houses restrooms. | | **Unfinished Basement** | 500+ SF | Dedicated storage or mechanicals. | | **Total Functional SF** | **~5,300 SF** | | --- ### Key Operational Advantages * **Infrastructure Value:** The **$1.5M in prior renovations** is a significant "soft cost" saver. For a restaurateur or lounge operator, having upgraded HVAC, plumbing, and electrical systems already in place can shave months off a build-out and hundreds of thousands of dollars off the initial capital expenditure. * **Licensing Precedent:** The history of **three active beer and wine licenses** across different zones is a strong indicator of the building's "wet use" viability. While a new tenant must apply for their own license, the previous approval for lounge use in the basement is a critical proof of concept for the Community Board. * **Built-in Clientele:** The addition of **8 residential units** creates a captive audience literally on top of the business. ### Critical Lease Considerations * **Residential Integration:** A portion of the ground floor will be carved out for residential common areas (lobby/mailroom). It is vital to review the updated floor plans to ensure the remaining retail frontage and "flow" are not compromised. * **The Rooftop Variable:** Since the owner cannot commit to roof access for at least **two years**, any operator requiring outdoor space (like a rooftop bar) should view this as a "bonus" rather than a core requirement. Ensure the lease includes a **Right of First Refusal** or a pre-negotiated amendment framework for when that space becomes available. * **Construction Clause:** Given that 8 apartments are being constructed *above* the existing structure, the lease must clearly define: * **Construction Timelines:** Impact on business operations. * **Structural Integrity:** Protection against dust, noise, and vibration. * **Rent Abatement:** Potential concessions during the most invasive phases of the renovation. Metropolitan Avenue is a primary artery. Being on a "highly trafficked thoroughfare" in Williamsburg proper means constant foot traffic from both the L-train commuters and the destination shoppers moving between Bedford Avenue and the waterfront. This footprint is particularly well-suited for a **flagship restaurant**, **high-end wellness center**, or a **luxury showroom** that requires the prestige of a freestanding aesthetic with the density of a mixed-use neighborhood.

  • Space is in Excellent Condition
  • Freezer Space
  • Emergency Lighting
  • DDA Compliant
  • After Hours HVAC Available
  • Wheelchair Accessible
  • 2 doors down from Restaurant at 130 Metropolitan
  • Private Restrooms
  • Security System
  • Recessed Lighting
  • High Ceilings
  • Exposed Ceiling
  • Situated next to a cocktail/food serving theater
  • High Foot Traffic area
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 3,850 SF 10 Years $116.77 CAD/SF/YR $9.73 CAD/SF/MO $449,553 CAD/YR $37,463 CAD/MO Flex Partial Build-Out Now

1st Floor

Size
3,850 SF
Term
10 Years
Rental Rate
$116.77 CAD/SF/YR $9.73 CAD/SF/MO $449,553 CAD/YR $37,463 CAD/MO
Space Use
Flex
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 3,850 SF
Term 10 Years
Rental Rate $116.77 CAD/SF/YR
Space Use Flex
Build-Out Partial Build-Out
Available Now

134 Metropolitan Avenue Commercial Warehouse (existing) Asking Rent - $29,000 per Month... This is a strategic listing for a high-value asset in one of Brooklyn’s most competitive submarkets. The transition from a standalone commercial building to a mixed-use residential development adds a layer of complexity—and opportunity—for a prospective anchor tenant. Below is a breakdown of the property’s key metrics and considerations for a potential operator. ### Space Breakdown | Level | Square Footage | Notes | | :--- | :--- | :--- | | **Ground Floor** | 3,300+ SF | Main retail/restaurant floor; high visibility. | | **Upper Mezzanine** | ~500 SF | Ideal for VIP seating, office, or DJ booth. | | **Below Grade** | 1,000 SF | Previously ADA-approved for lounge use; houses restrooms. | | **Unfinished Basement** | 500+ SF | Dedicated storage or mechanicals. | | **Total Functional SF** | **~5,300 SF** | | --- ### Key Operational Advantages * **Infrastructure Value:** The **$1.5M in prior renovations** is a significant "soft cost" saver. For a restaurateur or lounge operator, having upgraded HVAC, plumbing, and electrical systems already in place can shave months off a build-out and hundreds of thousands of dollars off the initial capital expenditure. * **Licensing Precedent:** The history of **three active beer and wine licenses** across different zones is a strong indicator of the building's "wet use" viability. While a new tenant must apply for their own license, the previous approval for lounge use in the basement is a critical proof of concept for the Community Board. * **Built-in Clientele:** The addition of **8 residential units** creates a captive audience literally on top of the business. ### Critical Lease Considerations * **Residential Integration:** A portion of the ground floor will be carved out for residential common areas (lobby/mailroom). It is vital to review the updated floor plans to ensure the remaining retail frontage and "flow" are not compromised. * **The Rooftop Variable:** Since the owner cannot commit to roof access for at least **two years**, any operator requiring outdoor space (like a rooftop bar) should view this as a "bonus" rather than a core requirement. Ensure the lease includes a **Right of First Refusal** or a pre-negotiated amendment framework for when that space becomes available. * **Construction Clause:** Given that 8 apartments are being constructed *above* the existing structure, the lease must clearly define: * **Construction Timelines:** Impact on business operations. * **Structural Integrity:** Protection against dust, noise, and vibration. * **Rent Abatement:** Potential concessions during the most invasive phases of the renovation. Metropolitan Avenue is a primary artery. Being on a "highly trafficked thoroughfare" in Williamsburg proper means constant foot traffic from both the L-train commuters and the destination shoppers moving between Bedford Avenue and the waterfront. This footprint is particularly well-suited for a **flagship restaurant**, **high-end wellness center**, or a **luxury showroom** that requires the prestige of a freestanding aesthetic with the density of a mixed-use neighborhood.

  • Space is in Excellent Condition
  • Private Restrooms
  • Freezer Space
  • Security System
  • Emergency Lighting
  • Recessed Lighting
  • DDA Compliant
  • High Ceilings
  • After Hours HVAC Available
  • Exposed Ceiling
  • Wheelchair Accessible
  • Situated next to a cocktail/food serving theater
  • 2 doors down from Restaurant at 130 Metropolitan
  • High Foot Traffic area

Property Overview

Egress Mainly through 134 Metropolitan Ave Door but there is an emergency exit to space on the proposed residential side of the building. Space is partially built out for a lounge/club but landlord open to a Strong Tenant (not first venture) which can be various uses such as an art gallery, museum, restaurant/bar, flagship clothing store, etc. Any prospective tenant needs to be aware the existing building is only free standing at the moment, owner intends to building 4 floors of apartments (8 units) w/ rear balconies on the North 1st side of building. Immediate use of Roof is not part of lease.

Warehouse Facility Facts

Building Size
12,000 SF
Lot Size
0.09 AC
Year Built
1920
Construction
Masonry
Sprinkler System
Wet
Heating
Electric
Zoning
M1-2/R6 Brooklyn - M1-2 allows for light manufacturing, commercial, and community facility uses, while R6 allows for medium-density residential development
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100
  • Listing ID: 40379327

  • Date on Market: 2026-05-02

  • Last Updated:

  • Address: 134 Metropolitan Ave, Brooklyn, NY 11249

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}