449 Kings Highway, Brooklyn, New York 11223
- $160,000
- 11,685
- SqFt
- List Price
- $160,000
- Status
- ACTIVE
- MLS#
- 503689
- Sq. Ft
- 11,685
Property Description
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.
/t.realgeeks.media/resize/460x/https://u.realgeeks.media/mkrealtyny%252Fcompany_logos%252FWORDMARK_CENTER_ALIGN_GREY_CENTER_C.png)
Additional Information
- Lot Size
- 4,060
- Parking Description
- None
- Heat Source
- Gas
- Zoning
- r6
- Sale Type
- Arm's Length
- Bank Financing
- 1031 Exchange, Assumption, Bank Mortgage, Cash
- Building Type
- Attached
- Basement
- Partial
- Lot Dimensions
- 130 x 31
Mortgage Calculator
Listing courtesy of Ashford Homes LLC.