Licensed 400+ Capacity Event Hall/Nightclub for Sale in North Brooklyn with Long-Term Lease
Financial Details
- Asking Price:
- $1,000,000
- Profit Metric:
- Cash Flow (SDE)
- Location:
- Brooklyn, NY, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Description
This is an exceptional opportunity to acquire a fully licensed, high-capacity (400+ patrons) event hall situated in a rapidly growing nightlife corridor of North Brooklyn, NY. The facility spans 8,000 sq ft, featuring a 5,000 sq ft event room, and benefits from an excellent location directly adjacent to major subway lines. The sale includes essential assets such as an excellent sound system, stage and club lighting, and bar equipment. A major advantage is the affordable, long-term lease with over 15 years remaining. Furthermore, the property comes with development rights for adding a second hall and an outdoor patio, presenting significant growth potential. The current operator is retiring and offers one year of consulting support to ensure a smooth handover.
Industry Information
- Industry Description:
- This business operates as a fully licensed event hall, suitable for use as a dance club or live music venue, falling under the Entertainment & Recreation industry.
- Classification:
- Entertainment & Recreation
Operational Snapshot
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $12,000 USD
- Lease Expiration:
- 2038
Assets & Inventory
- Includes FF&E:
- Yes
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Jay Morgan
- Phone:
- 646-504-8633
Listing Details
- Listing ID:
- 4bedbc93-dec9-4271-934d-b6d001aff6f9
- Source Listing ID:
- 2105154
- Deal Status:
- For Sale
- Last Updated:
- November 05, 2025
- Currency:
- USD