About This Home
This 0-bedroom, 0-bathroom commercial at 449 Kings Highway in Brooklyn, NY is listed for $160,000 ($14 per sqft). the home offers 11,685 sqft of living space on a 0.09 acres lot.
Key Features
- 0.09 acre lot
Amenities
Excellent opportunity to acquire a long-established neighborhood grocery business in a prime Brooklyn location. Green Apple Grocery has served the local community for approximately 50 years and has been operated by the same family for the past 16 years, building a loyal and established customer base.
Situated on a highly visible corner near the subway, the store benefits from excellent foot traffic and strong neighborhood exposure. A new owner may enter into a 10-year lease at approximately $4,500 per month. Landlord pays water; no CAM or additional real estate taxes.
Annual rent increase is approximately $100 per month. The sale includes approximately $50,000 in inventory and a full range of operating equipment, including two walk-in refrigeration units, an ice machine, beverage refrigerator, dairy refrigerator, produce refrigerator, and ice cream freezer.
The store also offers flower sales, and a Beer & Wine License is currently in process, providing additional growth potential. Owner is selling due to retirement and health reasons. Business sale only; real estate is not included. Please do not disturb employees or customers. All showings are by appointment only.
Monthly Cost Estimate
$856/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
449 Kings Highway
Brooklyn, NY 11223
Property Details
Flooring
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 449 Kings Highway is listed at $160,000 ($14/sqft). The estimated monthly payment is $856 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.09 acre lot.
This property is listed by William Lin and can be reached at 9293641301.
