Licensed 400+ Capacity Event Hall/Nightclub for Sale in North Brooklyn with Long-Term Lease

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Financial Details

Asking Price:
$1,000,000
Profit Metric:
Cash Flow (SDE)
Location:
Brooklyn, NY, US
Source:
Date:
November 05, 2025

Key Highlights

Long-term lease remaining (over 15 years) in a prime North Brooklyn location.
Fully licensed venue with 400+ capacity, ready for immediate operation as an event hall, club, or music venue.
Significant upside potential with development rights for a second hall and outdoor patio.

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

Features & Tags

Tags & Categories
Event Venue Nightclub Licensed Business Brooklyn Real Estate Lease