Property Listing No Longer Available for Sale

1964 Flatbush Avenue, Brooklyn, NY

Retail for Sale - $125,000

Property Info

  1964 Flatbush Avenue
  Brooklyn NY 11234
UpdatedAugust 16th, 2018

Property Description

75 Feet of Frontage on Flatbush Ave within a block of all major names Starbucks, Dunkin Donuts, Chase Bank, Apple Bank, HSBC Bank, Metro Pcs, Cricket Wireless, Domino's Pizza, Urgent Care, Ideal, Liberty Tax Service, H&R Block, Marine Florists and multiple bus stops. Grocery and butcher shop along with fruits, vegetables, soda, coffee, and a lot more with onsite parking established 5 years ago. Western Union operation on site doing 80-100k transactions monthly. EBT cards also accepted at this store. Approximately 40k in inventory. One main entrance on Flatbush Ave and a second entrance at rear from parking lot. Entrance to parking lot from Kings Highway. Newly constructed space with updated electrical, LED lighting, fixtures and new 10 Ton heating and cooling tower on roof. Total of 2,000+SF with office space. Additional 1,100 SF unfinished basement space for storage. CCTV system with 16 cameras. 32 Linear feet of fridges (6 units; 2 self-contained and 4 with remote compressors) 1 - 10 ft open cooler with remote compressor, 1 - 8 ft Ice cream freezer, 1 - 10 ft meat display cooler case with remote compressor, 1 - produce and dairy walk in cooler box with remote compressor, 1 - Meat walk in cooler box with remote compressor, 11 Linear feet of freezers (2 Units) with remote compressors. Additional store next door in lease as well, currently rented to a cell phone supplier. Monthly income from this space is $900/M. The current lease term is below market and expires in 2023. The landlord will provide extended terms to the new buyer. Lots of potential, new owner can increase business tremendously by adding a Deli for hot and cold food as well as Lotto, Beer and Cigarettes. Location Location Location


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