242 Flatbush Avenue Brooklyn NY 11217 MLS #502416

242 Flatbush Avenue
Brooklyn, NY, 11217
$295,000
Beds
0 Baths
8,003 SqFt
0 Acres
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MLS #502416 image #0
RESTAURANT FOR SALE – PRIME BROOKLYN LOCATION Rare opportunity to acquire a well-established, fully operational restaurant and bar in the heart of Brooklyn. Formerly home to the renowned seafood concept TheBoil NYC, this exceptional property is located at 242 Flatbush Avenue, Brooklyn, NY, offering outstanding visibility, heavy foot traffic, and a thriving dining and nightlife scene. Property Highlights: Approximately 4,000 SF main-level restaurant Approximately 1,500 SF finished speakeasy-style basement Expansive 3,000 SF private outdoor yard 4 AM Liquor License in place All permits and licenses active and current High-exposure Flatbush Avenue location Turnkey opportunity for restaurant, lounge, nightlife, or hospitality operators Monthly rent: 20,000 This unique space offers multiple revenue streams with indoor dining, private event capabilities, a speakeasy-style lower level, and one of the largest outdoor spaces available in the area. Ideal for experienced operators looking to capitalize on Brooklyn’s vibrant restaurant and entertainment market.

Property Details

Price:
$295,000
MLS #:
502416
Status:
Active
Baths:
0
Type:
Commercial
Borough:
Brooklyn
Neighborhood:
parkslope
Listed Date:
Jun 19, 2026
Finished Sq Ft:
8,003
BrooklynParkslope

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Market Summary

Current real estate data for Commercial in Brooklyn as of Jul 21, 2026
178
Commercial Listed
153
Avg DOM
948
Avg $ / SqFt
$1,811,591
Avg List Price

Property Summary

    242 Flatbush Avenue Brooklyn NY is a Commercial for sale in Brooklyn, NY, 11217. It is listed for $295,000

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