332 Foster Avenue
Brooklyn, New York NY 11230
$68,000 Price
Active Status
Est. Monthly Payment: $292.03 See Details
1,280 Square Feet
410913 Listing ID
This is first time for sale Grocery & Deli in a very desirable neighborhood (Midwood) the asking price is $68,000 dollars with a 10 years lease possible option to renew for more years to be agreed with the sellers, the rent is $2,700 dollars per month ,per year $32,400 and it will have a increase of 3% per year after the 3rd year .the store income per year is approximately $188,000 per year ,expenses Salary 38,000 per year electricity 3,500 per year Water 25% of the owner bill,No gas no heat it is included,the store has been in business for long time ,they have a lot of costumers ,the store can be improved a lot ,needs some painting and a little improvement ,like painting and some modernization ,what great this store as access to the back yard ,for more space ,and a large clean Basement,This store is Near schools and a lot of offices,please do not miss this one what a great potential for the right people .
Schedule Showing
Status Active
County Kings (Brooklyn)
Property Type Commercial
Property Sub Type Business Only
{"zipcode": "11230", "price": "68000"}
Down Payment
Credit Score
Loan Amount
Loan Type

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Primary Features

Borough: Brooklyn
County: Kings (Brooklyn)
Current Use: Other
MLS Area Major: Midwood
Potential Use: Retail
Property Sub Type: Business Only
Property Type: Commercial
Sale Type: Arm's Length
Zoning: R5

Interior Features

AC Units: 1
Basement Amenities: Storage
Ceiling Height: 11-15 Foot
Commercial Features Interior: Fire - Smoke Alarm, Window Display
Lavatories: 1
Unit Count: 2
Walls: Sheet Rock

Location Information

Cross Street Name: east 3 and east 5 steet
Street Suffix: Avenue

External Features

Building Type: Attached
Commercial Features Exterior: Sign - Building
Construction Materials: Brick
Foundation Details: Poured Concrete
Loading Docks: None
Lot Size Length: 100
Lot Size Width: 20
Lot Sq Ft: 2000
Roof: Asphalt/Tar


Commercial Condo YN: no
Equipment Included: Refrigerated Deli counter, also 6 stand up refrigerators ,one cash register one counter, central shelving ,wall shelving for food and groceries , compressors are located in basement ,and news shelves,
Negotiate Thru: Broker
Number Of Stores: 1
Status: Active
Years Remaing On Lease: 10

Financial Details

Financing: Cash
Gross Income: 1350
Gross Lease: 32400
Insurance Expense: 1300.00
Miscellaneous Expense: 500.00
Payroll Annual Expenses: 30000
Transaction Type: Sale
Utility Expense: 3500.00

Zoning Info

© 2017 Brooklyn MLS (BMLS)
Information deemed reliable, but not guaranteed
Listing courtesy of Fillmore R.E. - 6416 Bay Pkwy

Contact - Listing ID 410913

Doreen Greenwood

2738 Gerritsen Avenue
Brooklyn, NY 11229
Phone: 7187694448

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