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$ 875,000
Est. payment | /mo
2,609 Sqft Lot
$ 875,000
Est. payment | /mo
2,609 Sqft Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 904372
Rental Info No
Year Built 2023
Annual Tax Amount $18,000
Lot Size 2,609 Sqft
Acres 0.0599
Property Sub-Type Business
Source onekey2
Property Description
Amazing opportunity brand new one story, retail building . Property being being sold with well established extremely successful local business. Business can be sold separately. Featuring over 80 seats backyard seating rooftop seating high end brick oven. Too much to listing.
$875,000 only includes the sale of the business does not include sale of real estate. A separate price of $2.8 million would be price for both together.
Well established Local Business ,Great Opportunity/ Favorable Lease term available
Prime Commercial Real Estate Opportunity in Brooklyn's Thriving Bushwick/East Williamsburg Border
Exceptional brand new retail building constructed in 2023, strategically positioned at the dynamic intersection of Bushwick and East Williamsburg. This one-story commercial property represents a rare opportunity to acquire premium real estate in one of Brooklyn's most sought-after emerging neighborhoods.
Property Highlights:
- Brand new construction (2023) ensuring modern infrastructure and systems
- Prime location on the Bushwick/East Williamsburg border with excellent foot traffic
- Convenient transportation access enhancing customer accessibility
- Retail zoning providing flexibility for various commercial uses
- Seller financing available to qualified buyers
Current Configuration:
- Spacious interior accommodating over 80 seats
- Private backyard seating area for enhanced dining experience
- Rooftop seating providing additional revenue potential
- High-end brick oven installation adding significant value
- Fully equipped for restaurant operations with $175,000 in fixtures, furniture, and equipment
Financial Performance:
- Annual revenue of $1,200,000 from current tenant operations
- Strong net operating income of $800,000 demonstrating excellent cash flow potential
- Proven track record with established, successful local business currently operating
The property benefits from its location in a rapidly gentrifying area that has attracted significant investment and development. East Williamsburg and Bushwick have become highly desirable destinations for dining and entertainment, making this an ideal investment for restaurateurs, real estate investors, or owner-operators seeking premium commercial space.
This turnkey opportunity offers immediate income potential with an established tenant while providing long-term appreciation prospects in Brooklyn's dynamic real estate market. The modern construction, strategic location, and proven operational success make this a compelling investment opportunity.
Note: Business operations is purchased separately and be sold with Property.
$875,000 only includes the sale of the business does not include sale of real estate. A separate price of $2.8 million would be price for both together.
Well established Local Business ,Great Opportunity/ Favorable Lease term available
Prime Commercial Real Estate Opportunity in Brooklyn's Thriving Bushwick/East Williamsburg Border
Exceptional brand new retail building constructed in 2023, strategically positioned at the dynamic intersection of Bushwick and East Williamsburg. This one-story commercial property represents a rare opportunity to acquire premium real estate in one of Brooklyn's most sought-after emerging neighborhoods.
Property Highlights:
- Brand new construction (2023) ensuring modern infrastructure and systems
- Prime location on the Bushwick/East Williamsburg border with excellent foot traffic
- Convenient transportation access enhancing customer accessibility
- Retail zoning providing flexibility for various commercial uses
- Seller financing available to qualified buyers
Current Configuration:
- Spacious interior accommodating over 80 seats
- Private backyard seating area for enhanced dining experience
- Rooftop seating providing additional revenue potential
- High-end brick oven installation adding significant value
- Fully equipped for restaurant operations with $175,000 in fixtures, furniture, and equipment
Financial Performance:
- Annual revenue of $1,200,000 from current tenant operations
- Strong net operating income of $800,000 demonstrating excellent cash flow potential
- Proven track record with established, successful local business currently operating
The property benefits from its location in a rapidly gentrifying area that has attracted significant investment and development. East Williamsburg and Bushwick have become highly desirable destinations for dining and entertainment, making this an ideal investment for restaurateurs, real estate investors, or owner-operators seeking premium commercial space.
This turnkey opportunity offers immediate income potential with an established tenant while providing long-term appreciation prospects in Brooklyn's dynamic real estate market. The modern construction, strategic location, and proven operational success make this a compelling investment opportunity.
Note: Business operations is purchased separately and be sold with Property.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Finished, Full, Storage Space, Walk-Out Access
Interior
Heating Ducts
Cooling Central Air
Fireplace No
Appliance Convection Oven, Cooktop, Dishwasher, Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Refrigerator
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
View City
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Block,Brick
Others
Special Listing Condition None
Listed by Coldwell Banker American Homes • Richard P. Gambino CRS CBR
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