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571 Lorimer St

1,440 SF of Retail Space Available in Brooklyn, NY 11211

Highlights

  • Property is on the Corner of Metropolitan Ave high traffic area.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,440 SF
  • Negotiable
  • $123.34 CAD/SF/YR $10.28 CAD/SF/MO $1,328 CAD/m²/YR $110.63 CAD/m²/MO $14,801 CAD/MO $177,607 CAD/YR
  • Net
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

Prime Corner Restaurant Opportunity in Williamsburg, Brooklyn Address: 571 Lorimer Street, Brooklyn, NY 11211 – Corner of Metropolitan Ave Seize this rare opportunity to acquire a standout corner location in one of Williamsburg's most coveted intersections. Positioned at the high-traffic junction of Lorimer St and Metropolitan Ave, this space is just steps away from the recently renovated L Train Lorimer/Metropolitan Ave station, ensuring steady foot traffic. Key Features: Below Market Rent at $10,400/month with real estate taxes of $1,200/month Rooftop Space: Custom-made greenhouse structure enables year-round usage, with stunning views over Metropolitan Ave. Public Assembly Permit for 150 people (75 per floor) Separate Liquor Licenses for Each Floor until 2 AM – smooth transfer process with a supportive relationship from the community board Fully Equipped Kitchen: Unique Airstream “Bulleit” trailer setup with gas connections, griddle, charcoal grill, deep fryer, steam table, and walk-in refrigerator ADA Compliance: Elevator provides full legal access to the rooftop, alongside ADA-compliant restrooms on both floors Charming Dining Areas: Street-level dining room plus an upper floor with a second restroom Cooperative Landlord: 10 years remaining on the lease with the option for a brand new 15-year lease for the right operator This turn-key operation includes all kitchen and bar equipment as-is and offers a seamless transition for an incoming operator with the potential for long-term stability. Don't miss out on this premier space in Williamsburg’s vibrant culinary scene.

  • Lease rate does not include certain property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space In Need of Renovation
  • Central Air Conditioning
  • Kitchen
  • Corner Space
  • Ventilation - Venting
  • Stunning views, Rooftop, Kitchen, Elevator (ADA)
Space Size Term Rental Rate Rent Type
1st Floor 1,440 SF Negotiable $123.34 CAD/SF/YR $10.28 CAD/SF/MO $1,328 CAD/m²/YR $110.63 CAD/m²/MO $14,801 CAD/MO $177,607 CAD/YR Net

1st Floor

Size
1,440 SF
Term
Negotiable
Rental Rate
$123.34 CAD/SF/YR $10.28 CAD/SF/MO $1,328 CAD/m²/YR $110.63 CAD/m²/MO $14,801 CAD/MO $177,607 CAD/YR
Rent Type
Net
Space Use
Retail
Condition
Full Build-Out
Availability
30 Days

Prime Corner Restaurant Opportunity in Williamsburg, Brooklyn Address: 571 Lorimer Street, Brooklyn, NY 11211 – Corner of Metropolitan Ave Seize this rare opportunity to acquire a standout corner location in one of Williamsburg's most coveted intersections. Positioned at the high-traffic junction of Lorimer St and Metropolitan Ave, this space is just steps away from the recently renovated L Train Lorimer/Metropolitan Ave station, ensuring steady foot traffic. Key Features: Below Market Rent at $10,400/month with real estate taxes of $1,200/month Rooftop Space: Custom-made greenhouse structure enables year-round usage, with stunning views over Metropolitan Ave. Public Assembly Permit for 150 people (75 per floor) Separate Liquor Licenses for Each Floor until 2 AM – smooth transfer process with a supportive relationship from the community board Fully Equipped Kitchen: Unique Airstream “Bulleit” trailer setup with gas connections, griddle, charcoal grill, deep fryer, steam table, and walk-in refrigerator ADA Compliance: Elevator provides full legal access to the rooftop, alongside ADA-compliant restrooms on both floors Charming Dining Areas: Street-level dining room plus an upper floor with a second restroom Cooperative Landlord: 10 years remaining on the lease with the option for a brand new 15-year lease for the right operator This turn-key operation includes all kitchen and bar equipment as-is and offers a seamless transition for an incoming operator with the potential for long-term stability. Don't miss out on this premier space in Williamsburg’s vibrant culinary scene.

  • Lease rate does not include certain property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Space In Need of Renovation
  • Central Air Conditioning
  • Kitchen
  • Corner Space
  • Ventilation - Venting
  • Stunning views, Rooftop, Kitchen, Elevator (ADA)

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 FOR 571 Lorimer St , Brooklyn, NY 11211

Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 2,880 SF
Year Built 2012

About the Property

Prime Corner Restaurant Opportunity in Williamsburg, Brooklyn Address: 571 Lorimer Street, Brooklyn, NY 11211 – Corner of Metropolitan Ave Seize this rare opportunity to acquire a standout corner location in one of Williamsburg's most coveted intersections. Positioned at the high-traffic junction of Lorimer St and Metropolitan Ave, this space is just steps away from the recently renovated L Train Lorimer/Metropolitan Ave station, ensuring steady foot traffic. ?Key Features: Below Market Rent at $10,400/month with real estate taxes of $1,200/month Rooftop Space: Custom-made greenhouse structure enables year-round usage, with stunning views over Metropolitan Ave. Public Assembly Permit for 150 people (75 per floor) Separate Liquor Licenses for Each Floor until 2 AM – smooth transfer process with a supportive relationship from the community board Fully Equipped Kitchen: Unique Airstream “Bulleit” trailer setup with gas connections, griddle, charcoal grill, deep fryer, steam table, and walk-in refrigerator ADA Compliance: Elevator provides full legal access to the rooftop, alongside ADA-compliant restrooms on both floors Charming Dining Areas: Street-level dining room plus an upper floor with a second restroom Cooperative Landlord: 10 years remaining on the lease with the option for a brand new 15-year lease for the right operator This turn-key operation includes all kitchen and bar equipment as-is and offers a seamless transition for an incoming operator with the potential for long-term stability. Don't miss out on this premier space in Williamsburg’s vibrant culinary scene.

Attachments

Sale PDF (1)
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
F45 Training, Inc.
Ctown Supermarkets
Key Food
Chase Bank
CrossFit
Foodtown
Just Salad
Cyclebar
CAVA
  • Listing ID: 33552495

  • Date on Market: 2024-10-17

  • Last Updated:

  • Address: 571 Lorimer St, Brooklyn, NY 11211

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