# 41 Newkirk Plaza, Brooklyn, NY 11226

> **TL;DR:** commercial, $130,000 ($65/sqft), 2,000 sqft.
> A/C. Est. $563/mo. Listed 37 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $130,000 |
| Price/sqft | $65 |
| Square Feet | 2,000 |
| Lot Size | 1,999 sqft (0.05 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 37 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $563 |
| **Total** | **$563** |

## Key Amenities

- A/C

## Property Highlights

- 0.05 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 41 Newkirk Plaza, Brooklyn, NY 11226
- **County:** Kings (Brooklyn)

## Listing Agent

- **Name:** Aldo Iemma
- **Brokerage:** Empire State Realty Group
- **Phone:** (646) 932-4441
- **Email:** Empirestate88@yahoo.com

## Primary Photo

![41 Newkirk Plaza - Primary Photo](http://lh.rdcpix.com/45bca782c6b6f4bde9dd0c898f384393l-f3728389453r.jpg)

*9 total photos available on [listing page](https://www.propertysimple.com/listing/41-newkirk-plaza-brooklyn-ny-11226-y500857)*

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**MLS#:** 500857 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/41-newkirk-plaza-brooklyn-ny-11226-y500857)

---

## Structured Data

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  "@type": "RealEstateListing",
  "name": "41 Newkirk Plaza, Brooklyn, NY 11226",
  "description": "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 ",
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