Price Reduction
Address
525 East 7 Street Brooklyn, NY
Price
$ 129,000
Property Attributes
  • MLS#445913
  • TypeCommercial
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodKensington
  • Zip11218
  • StyleBusiness Only
  • Price$ 129,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2000
  • Lot Size4,000 SqFt
Listing Provided Courtesy Of:
Alevtina Ioffe with Top Nest Inc
Data Source:
Brooklyn MLS
Property Description

HUGE FOOD MARKET FOR SALE!!! MONEY MAKING OPPORTUNITY!!! NEWLY REMODELED FOOD STORE, 2,000 SQ.FT. PLUS AN 850 SQ.FT. BASEMENT. ALL BRAND-NEW EQUIPMENT INCLUDING A KITCHEN WHICH WAS RECENTLY RENOVATED WITH ALL PERMITS PULLED AND INSPECTED BY THE CITY. SALE INCLUDES ALL THE EQUIPMENT, DISPLAY REFRIGERATORS, FREEZER TOTALING MORE THAN $200,000 LARGE REGISTER STATION WITH TWO REGISTERS AND A POS SYSTEM, SURVEILLANCE SYSTEMS IN PLACE, STOOP LICENSE WHICH ALLOWS FRUITS AND VEGETABLES TO BE PLACED OUTSIDE. BASEMENT HAS TWO WALK-IN REFRIGERATORS AS WELL AS A LARGE WALK-IN FREEZER. NEW ELECTRICAL PANEL WAS PUT IN TO CARRY ALL THE EQUIPMENT. ALL EQUIPMENT IN THE STORE IS LESS THAN ONE YEAR OLD. OWNER ACQUIRED FOOD STAMP LICENSE. RENT IS $7,000 PER MONTH. STORE HAS FOUR EMPLOYEES AND AVERAGE DAILY SALES OF $2,000. MOTIVATED SELLER, WILL CONSIDER ALL OFFERS!

Price History
12/9/2020 Listed $360,000
12/29/2020 23% - $279,000
2/11/2021 29% - $199,000
2/17/2021 20% - $159,900
3/8/2021 7% - $150,000
4/1/2021 14% - $129,000

General Features

Block 5376
Borough Brooklyn
Building Type Attached
Ceiling Height 8-10 Foot
Current Use Retail
Equipment Included ALL EQUIPMENT, DISPLAY REFRIGERATORS, FREEZER, LARGE REGISTER STATION W/ 2 REGISTERS & POS SYSTEM, SURVEILLANCE SYSTEMS IN PLACE, 2 WALK-IN REFRIGERATORS & 1 WALK-IN FREEZER IN BASEMENT.
Flooring Tile
Lot Number 55
MLS Area Kensington
Number Of Stores 1
Property Type Commercial
Roof Flat
Stories 1
Sub Type Business Only
Zoning R7B

Interior Features

Basement Amenities Storage, Usable
Commercial Features Exterior Sign - Building
Commercial Features Interior Kitchen, Restrooms - Staff, Security Alarm, Window Display
Lavatories None
Unit Count 1
Walls Other

Exterior Features

Foundation Other
Loading Docks None
Lot Size Length 100
Lot Size Width 40
Lot Sq Ft 4000
Potential Use Retail

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 11218

Price
AVG $3.26M
$130K
Visits
AVG 13
15
Walkscore
AVG 94
94
Data Provided by Walkscore ® not using MLS data

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