134 Metropolitan Ave
Brooklyn, NY 11249 Williamsburg

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** | |

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### 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.

• Date available: Now
• Lease term: 10 Years
• Service type: To Be Determined
• Space Type: New