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361 Metropolitan Ave 7,724 SF of Retail Space Available in Brooklyn, NY 11211
HIGHLIGHTS
- High foot traffic location
- Great for Bar/Venue or any large space use
- Close to public Transit
- High income neighborhood.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 7,724 SF | 13’ | Negotiable | $73.66 CAD/SF/YR $6.14 CAD/SF/MO $568,935 CAD/YR $47,411 CAD/MO | Triple Net (NNN) |
1st Floor
Turn-Key Commercial Space with Residential Apartment | 7,724 SF | No Key Money Offered is a 7,724 square foot, fully built-out commercial space, previously operated as a live music venue and delivered turn-key and ready to go. The property includes two finished bars, a walk-in cooler, and fully operational HVAC, allowing for immediate occupancy with minimal upfront cost. Above the commercial space is a 3-bedroom, 2-bathroom apartment, ideal for owner-use, staff housing, or additional rental income. The existing infrastructure supports a wide range of uses, including music venue, nightclub, restaurant, retail, or any legal commercial use (subject to zoning and approvals). The layout and systems in place significantly reduce build-out time and capital expenditure. Property Highlights: 7,724 SF total Former live music venue Two finished bars Walk-in cooler Working HVAC 3-bedroom / 2-bath residential apartment above Turn-key condition No key money required Flexible use potential: music venue, club, restaurant, retail, or any legal use A rare opportunity to acquire a ready-to-operate commercial space with residential upside and exceptional flexibility for a variety of business concepts.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 13’
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 | 7,724 SF | Gross Leasable Area | 7,724 SF |
| Property Type | Retail | Year Built/Renovated | 1900/2023 |
| Total Space Available | 7,724 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,724 SF |
| Year Built/Renovated | 1900/2023 |
ABOUT THE PROPERTY
Turn-Key Commercial Space with Residential Apartment | 7,724 SF | No Key Money Offered is a 7,724 square foot, fully built-out commercial space, previously operated as a live music venue and delivered turn-key and ready to go. The property includes two finished bars, a walk-in cooler, and fully operational HVAC, allowing for immediate occupancy with minimal upfront cost. Above the commercial space is a 3-bedroom, 2-bathroom apartment, ideal for owner-use, staff housing, or additional rental income. The existing infrastructure supports a wide range of uses, including music venue, nightclub, restaurant, retail, or any legal commercial use (subject to zoning and approvals). The layout and systems in place significantly reduce build-out time and capital expenditure. Property Highlights: 7,724 SF total Former live music venue Two finished bars Walk-in cooler Working HVAC 3-bedroom / 2-bath residential apartment above Turn-key condition No key money required Flexible use potential: music venue, club, restaurant, retail, or any legal use A rare opportunity to acquire a ready-to-operate commercial space with residential upside and exceptional flexibility for a variety of business concepts.
NEARBY MAJOR RETAILERS
Presented by
Brick & Mortar
361 Metropolitan Ave
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