Urbane is seeking savvy chefs and food vendors with exciting concepts to operate 5 turn-key food hall spaces at the reimagined Flatbush Caton Market, launching Fall 2021.
Launch Your Next Food Concept At Our Caribbean Marketplace
Urbane is seeking savvy chefs and food vendors with exciting concepts to operate 5 turn-key Food Hall spaces at the reimagined Flatbush Caton Market, launching Fall 2021. The Food Hall is a new addition to a legacy market venue located in a major cultural and business hub in the heart of Brooklyn. Spaces are move-in ready and fully equipped with state-of-the-art stainless steel equipment and point-of-sale systems detailed below. Don’t miss this opportunity to bring your creations to life with supportive market management and a dynamic business incubation team. Be part of the next chapter of this community hub showcasing local entrepreneurs, Caribbean culture and Flatbush flare.
The reimagined Flatbush Caton Market’s mission is to support and grow Flatbush based businesses. The 5 food vendor spaces are designed as accelerators for burgeoning culinary entrepreneurs and provide a testing ground for great ideas and building the foundation for future endeavors.
The Flatbush Caton Market (FCM) was established in 2000 and serves as a home to 30+ Caribbean, West African, and Central American retailers. FCM businesses offer a range of goods and services, including clothing, music, dry and prepared foods, personal care products, hair styling and barbering services, home goods, custom printing, electronics and more.
In 2017, FCM businesses were temporarily relocated while the building was renovated to update this valuable cultural institution and create new commercial, residential, and community amenities to support and grow local business.
The Caton Flats project is opening to the public in Fall 2021 as a 14-story mixed use complex, which includes 200+ units of affordable housing, the reimagined retail market with food hall, and nearly 10,000 square feet of business incubation labs including a commercial kitchen, personal care products formulation and production space, and design studio for textiles and media production.
- Equipment Includes the Following: (Picture 1)
- Premium Gas Appliances
- Square Point Of Sale System – Register, Drawer, Receipt Printer
- Reach-In Refrigerator
- Fryer 40 – 50 lb. 110,000 BTU
- 4-Burner / Griddle Range
- Overhead Salamander Broiler
- Type 1 Exhaust Hood
- Fire Suppression System ANSUL
- 3-Compartment Sink
- Hand Washing Sink
- Stainless Steel Work Table
- Refrigerated Prep Table
- Sizes ranging from 137 sqft. to 207 sqft.
- Access to cold and dry storage
- Built-in POS systems
- Convenient load-in with 24/7 access
- LCD screens available for menu and logo display
Rates and Fees
FCM Food Hall operates on a 12% performance-based rent (percentage of sales) plus CAM and utilities. Rent will be 12% of your gross monthly profits at the end of every month with a minimum monthly contribution as marked below. These rates will be reviewed regularly and adjusted based on performance and users needs to ensure equitable exchange.
Minimum Monthly Contribution
- VENDOR 1 – 137 SQFT $2,392 + CAM/Fees
- VENDOR 2 – 207 SQFT $2,733 + CAM/Fees
- VENDOR 3 – 142 SQFT $2,414 + CAM/Fees
- VENDOR 4 – 140 SQFT $2,590 + CAM/Fees
- VENDOR 5 – 140 SQFT $2,590 + CAM/Fees
Minimum monthly contributions are based on the turnkey value, equipment depreciation, fit out and average commercial turnkey rates within a .5 mile radius of 800 Flatbush Ave.
Located in Brooklyn, New York, the Flatbush neighborhood is roughly defined by Parkside Avenue and Avenue H, between Ocean and New York Avenues.
- Co-located with Caton Flats which includes 255 residential units, 30+ retail vendors and 2 full-service bars
- Flatbush is one of Brooklyn’s fastest growing neighborhoods
- Densely populated, with over 77,000 people per square mile for zip code 11226
- 23,033 cars average daily traffic Flatbush Ave.
10,496 cars average daily traffic Caton Ave.
2, 5 Church Ave. 9,556 average daily riders
- B, Q Church Ave. 16,251 average daily riders
- Q Parkside Ave. 6,173 average daily riders
- Public transit:
- Parkside (0.2 miles / 5 mins) B, Q
- Church Street (0.2 miles / 5 mins) B, Q
- Winthrop Street (0.6 miles / 13 mins) 2, 5,
- Flatbush Avenue at Caton Avenue (0 miles) B12, B41, Dollar Van
- Low start-up costs with performance-based rent (percentage of sales)
- Business support (regulatory, planning/strategy, branding, marketing, supply chain, etc.)
- Public programming: Live music, cultural and community events, comedy, DJ, pop ups, competitions, themed markets, classes, and performances)
- Fast turnaround on licensing agreements
- Flexible terms
About the Market Management Team
Urbane Development (Urbane) is a community development venture and certified MBE based in New York City. Founded in 2008, Urbane cultivates innovative solutions to build dynamic neighborhoods and positively impact underserved communities. We envision neighborhoods that are defined by their strengths and experienced as places of opportunity and innovation. Urbane leverages the advantages of for-profit enterprise for community benefit by focusing on strategies that generate wealth and resource capacity for communities. We specialize in helping entrepreneurs and anchor institutions in underserved communities take their businesses and organizations to the next level. This is our strategy for creating local wealth and a way to begin to address the social inequity caused by a failure in the marketplace to provide quality, affordable goods and services in dynamic, diverse, but underserved communities.
Abdullah Elias Operations Manager
Email Address: email@example.com
Physical Address: 800 Flatbush Ave. Brooklyn, NY 11226. At the intersection of Flatbush Avenue and Caton Avenue.