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About This Home
This 0-bedroom, 0-bathroom commercial at 41 Newkirk Plaza in Brooklyn, NY is listed for $130,000 ($65 per sqft). the home offers 2,000 sqft of living space on a 0.05 acres lot.
This is a well-established Mexican restaurant with a positive cash flow, in the Midwood section of Brooklyn - Brooklyn College area. This is an area favorite for both eat-in and take-out. It has seating for 24 people and a steady customer base for deliveries.
Last year's gross income was $480,000. The present monthly gross income is approximately $40K. The monthly rent is $4,750 and there are 6 years left on the lease. Monthly payroll and utilities are about $13k and that is for 7 full and part time workers.
The restaurant space is 900 sq ft. Additionally, there is a basement for storage and a back yard for extra storage. The extra-large kitchen makes it easy to accommodate take-out orders when the restaurant is crowded. There is room to bring down expenses if owner operates the business.
Key Features
- 0.05 acre lot
Amenities
Monthly Cost Estimate
$695/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
41 Newkirk Plaza
Brooklyn, NY 11226
Property Details
Construction
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 41 Newkirk Plaza is listed at $130,000 ($65/sqft). The estimated monthly payment is $563 based on 20% down at 6.5% interest.
Key features include: 0.05 acre lot.
This property is listed by Aldo Iemma and can be reached at (646) 932-4441 or Empirestate88@yahoo.com.
