41 Newkirk Plaza, Brooklyn, New York 11226
- $110,000
- 2,000
- SqFt
- List Price
- $110,000
- Price Change
- ▼ $20,000 1782512436
- Status
- ACTIVE
- MLS#
- 500857
- Sq. Ft
- 2,000
Property 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.
/t.realgeeks.media/resize/460x/https://u.realgeeks.media/mkrealtyny%252Fcompany_logos%252FWORDMARK_CENTER_ALIGN_GREY_CENTER_C.png)
Additional Information
- Lot Size
- 2,000
- Parking Description
- None
- Heat Source
- Gas
- Zoning
- c
- Sale Type
- Arm's Length
- Bank Financing
- Cash
- Building Type
- Attached
- Basement
- Storage
- Lot Dimensions
- 100 x 20
Mortgage Calculator
Listing courtesy of Empire State Realty Group.