547 Morgan Avenue, Brooklyn, New York 11222
- $150,000
- 1,200
- SqFt
- List Price
- $150,000
- Price Change
- ▼ $10,000 1788972502
- Status
- ACTIVE
- MLS#
- 497603
- Sq. Ft
- 1,200
Property Description
Exceptional Opportunity: Profitable Turnkey Liquor Store for sale in Prime Greenpoint Brooklyn. Discover a well-established, high-performing corner liquor store located in the heart of Greenpoint—one of Brooklyn’s most vibrant and rapidly growing neighborhoods. This turnkey business features 1,000 sq ft of retail space with excellent visibility and foot traffic, plus an additional 1,200 sq ft of clean, organized basement storage, ideal for inventory and operations. The store has been successfully operated for years and is ready for a smooth transition to new ownership, as the current owner is retiring. The favorable 5-year lease includes a modest 3% annual increase and a 5-year renewal option, offering long-term stability. Sale includes: Transfer of the liquor license. All furniture and fixtures. Established customer base and strong neighborhood reputation. Inventory will be calculated prior to closing. This is a rare chance to acquire a profitable, turnkey business in a thriving location—perfect for an owner-operator or investor looking to step into immediate cash flow with tremendous growth potential.
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Additional Information
- Lot Size
- 2,000
- Stories
- 3
- Parking Description
- Other
- Heat Source
- Electric
- Zoning
- C2-4
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Bank Mortgage, Cash
- Building Type
- Semi-Detached
- Basement
- Finished
- Lot Dimensions
- 100 x 20
- Building Dimensions
- 60.00 x 20.00
- Estimated Yearly Tax Amount
- $7,000
Mortgage Calculator
Listing courtesy of ProBase Real Estate.