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688-690 Franklin Ave
Brooklyn, NY 11238 Crown Heights

$7,950 USD/MO

Storefront Retail Residential For Lease  •  1,800 SF

Property Details

  • Property Type Storefront Retail Residential
  • Year Built 1930
  • Total Building Size 3,800 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning R6
100 Transit Score
93 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 1,800 SF $53.00 USD/SF/YR 
Vented Restaurant & Bar for Sale with 4am liquor license in Prime Crown Heights

Rare turnkey opportunity in the heart of Crown Heights featuring a below-market lease at only $53/SF. This 1,600 SF fully built-out restaurant is ready for immediate operation and ideal for high-volume food and beverage concepts.

The space includes a Type 1 vented commercial kitchen with gas service and fire suppression system, a spacious indoor dining room that seats 80+ guests with a place of assembly certificate, plus a backyard outdoor seating area, offering strong dine-in and outdoor appeal. 

Adding significant value is a full liquor license with a rare 4:00 AM allowance, creating outstanding late-night revenue potential.

The basement provides exceptional operational support, featuring a walk-in refrigerator, private office, and ample room for prep and storage.

Located on a high-traffic Crown Heights block surrounded by dense residential buildings, nightlife, and established dining destinations—perfect for a restaurant, bar, lounge, or hospitality-driven concept.

Highlights:

1,600 SF turnkey restaurant

Below-market lease: $60/SF

Fully vented kitchen with gas & extensive equipment

Two ranges (10 burners), plancha, grills, broiler, fryers

Oyster shucking station, lowboys & dishwashing station

Seating for 80+ indoors

Backyard outdoor seating

Basement with walk-in fridge, office & ample prep/storage

Full liquor license with rare 4AM close

Prime Crown Heights location

Asking Key $250k
Serious inquiries only. Contact Evan for more information or to organize a tour at 917-613-6374

  • Date available: Mar 2026
  • Lease term: None
  • Service type: Modified Gross
  • Built out as: Restaurants And Cafes
  • Space Type: Sublet

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Atmpc Yafa Minimarket
Mayfield

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 3 min 13 min 0.7 mi
5 min - 1.5 mi
Transit/SubwayDriveWalkDistance
Park Place (S Line) (Franklin Avenue Shuttle - New York MTA Subway (The Subway)) 2 min 3 min 0.1 mi
Franklin Avenue (2,3,4,5 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 1 min 6 min 0.3 mi
Botanic Garden (Franklin Avenue Shuttle - New York MTA Subway (The Subway)) 3 min 7 min 0.4 mi
Franklin Avenue (A,C,S Line) (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway), Franklin Avenue Shuttle - New York MTA Subway (The Subway)) 3 min 9 min 0.4 mi
Eastern Parkway-Brooklyn Museum (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
LaGuardia 21 min - 10.5 mi
John F Kennedy International 24 min - 12.2 mi
Newark Liberty International 32 min - 17.0 mi
Evan Franca 917-613-6374 The Agency
Evan Franca 917-613-6374 The Agency