1824 Kings Highway Brooklyn, NY $ 3,000,000
1824 Kings Highway
$ 3,000,000
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1824 Kings Highway

Brooklyn, NY, 11229
$ 3,000,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 18,716

1824 Kings Highway, Brooklyn, NY 11229 - Image 1
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Commercial Property for sale in Brooklyn, NY

for $3,000,000. This 10,000 square foot building was built in 1925 on a lot size of 0.229568.

Incredible opportunity to buy the best supermarket in Brooklyn in the best location on Kings Hwy in the heart of Midwood. Very busy location with high traffic surrounded by lots of other businesses. This international food store features products from all over the world and freshly cooked food on premises in the huge location in the back kitchens. This store was established over 30 years ago by very hard working and incredible businessmen. It's very well organized and kept. This store has inviting glass front with captivating window displays, providing a perfect showcase for the diverse inventory included in the sale. Equipped with modern amenities, including freezers, display fridges, and custom shelves, this turnkey operation allows for a seamless transition to ownership. Boasting a massive community of loyal customers, the store generates an impressive annual revenue of $10 million dollars a year. Rent $65K mth and lease ending in 2030 with option to extend. There are 70 workers in the supermarket.

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Commercial Pending

Price

$ 3,000,000

Property Type

Commercial

Taxes

$ 0

Style

Business Only

Lot Size

0.229568

Year Built

1925

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

484650

Features
General
Equipment Included Refrigerators stoves shelves
Ceiling Height 11-15 Foot
Roof Flat
current use Bar Industrial Manufacturing Restaurant Other
Zoning C3
Stories Count 3
Property Type Commercial
Block 6781
Yearly Taxes 0.00
Transaction Type Sale
Financing Bank Mortgage Cash
Building Type Attached
Status Pending
Construction Materials Brick
Cumulative Days on Market 321
MLS Area Midwood
Sub Type Business Only
Year Built 1925
City Brooklyn
DOM 321
Public Remarks Incredible opportunity to buy the best supermarket in Brooklyn in the best location on Kings Hwy in the heart of Midwood. Very busy location with high traffic surrounded by lots of other businesses.
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Exterior
Exterior Brick
Foundation Poured Concrete
Parking Attrib Other
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Interior
Walls Sheet Rock
Flooring Concrete
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Superior Realty Service

Broker

(917) 992-7239

Phone

Affordability Calculator

$18,716
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/20/2024$3,000,000 Listed Price

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1824 Kings Highway, Brooklyn, NY, 11229 is a Commercial Property for sale at $3,000,000 with 10,000 sqft and a lot size of 0.229568. 1824 Kings Highway was built in 1925. The property's zip code is 11229 which is in Brooklyn, NY