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$12,000 / 2700ft2 - Versatile, Fully Built-Out Brooklyn Commercial Space Sublease- $12,000 (Prospect Heights)
562 Grand Ave, Brooklyn, NY 11238
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2,700 SF Total | Existing Assembly Approval for 186 People | Prospect Heights, Brooklyn | Near Barclays Center
An exceptional opportunity to sublease a versatile commercial property in Brooklyn's desirable Prospect Heights neighborhood, near Barclays Center.
Currently operating as an event venue, the property features an existing Place of Assembly Certificate of Operation (PACO) with an approved occupancy of 186 people, making it particularly attractive to businesses seeking an established assembly space.
The property offers approximately 2,000 square feet of ground-floor space, plus 700 square feet of basement space, including dedicated storage. Its flexible layout, multiple distinct areas, and extensive existing infrastructure provide opportunities for businesses seeking either to utilize the current improvements or reconfigure the property to suit their needs.
Potential uses include event operations, dance studios, rehearsal and performance spaces, photography and production studios, art workshops, educational programs, classes, entertainment concepts, and other compatible commercial activities, subject to applicable approvals.
PROPERTY HIGHLIGHTS
- Existing Place of Assembly Certificate of Operation (PACO) with approved occupancy of 186 people
- Approximately 2,000 SF of ground-floor commercial space
- Additional 500 SF of usable basement space, plus 200 SF of basement storage
- Flexible layout with multiple rooms and open areas
- Original 12-foot ceiling height, offering potential to raise existing finished ceilings, subject to feasibility and approvals
- Furnished lounge and reception areas
- Built-in bar and kitchenette
- Professional sound system and entertainment lighting
- Banquet tables and chairs, cocktail tables, and bar chairs
- Dedicated coat room, adaptable for storage or other uses
- Extensive existing electrical infrastructure
- Ground-floor, street-level access with no stairs
- Two entrances, including a separate service entrance
- Three bathrooms, including one ADA-compliant bathroom
- Existing emergency lighting, exit signage, and other safety improvements
- Architectural plans filed with the NYC Department of Buildings
- Furniture, equipment, and extensive supplies available
The property's existing build-out, assembly approval, and infrastructure may offer significant advantages to businesses seeking to establish an event, entertainment, or creative operation while potentially reducing construction costs and preparation time.
Alternatively, the flexible floor plan provides an excellent foundation for businesses interested in renovating or adapting the space for a different commercial use.
Whether expanding an existing business or launching a new concept, this property offers a distinctive opportunity in a desirable Brooklyn location.
MONTHLY ASKING RENT: $12,000
LEASE TERM: Approximately five years remaining on the existing lease, with a potential five-year renewal option, subject to landlord approval and negotiated terms.
Private showings available by appointment.