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    2899 Ocean Ave Brooklyn, NY 11235

    For Sale
    $95,000

    Business Only - Brooklyn, NY

    Property size:
    1,000 SF
    Lot size:
    0.04 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 2899 Ocean Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R7A
    Size
    1,000 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1930
    Roof type
    Flat
    Architectural style
    Other

    Century 21 Homefront Realty (718) 252-6060

    Listing agent Igor Yakubinskiy (718) 252-6060

    Listing date Oct 16, 2025

    MLS# 496557 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable International Food Store Business

    An international food store is available for purchase in a high-traffic Brooklyn area, specifically in Sheepshead Bay. The store is approximately 1,000 square feet and includes an additional 1,000-square-foot basement. The basement features an 11x8 walk-in box and storage space. The store has a modern glass corner storefront with window displays. It comes equipped with freezers, display fridges, and custom shelving. The business has a loyal customer base and generates approximately $625,000 in annual revenue. The monthly rent is $5,000, and the lease has 10 years remaining with an option to renew. The property is located in a commercial area near residential communities and local businesses, offering visibility and customer traffic. The lot size is approximately 0.041 acres. The zoning is R7A. The store is fully stocked and intended for use as an international food store.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bolonik Law Group Real Estate Attorney Lezhnev Law, PLLC Tax Attorney Toreli Law Firm, ... Consultant Entire Home Care ... Home Health Care Service EFES INTERNATIONAL MARKET Grocery Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    American Grocery Outlet, Freddy's Market, freddys on Z, New Eastern II Fruits, Vegetables, and Grocery Inc, Cherry Hill Gourmet Inc

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.949293
    Latitude
    40.590144

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    FAQs

    What type of property is this?
    Grocery and convenience store - Thriving international food store in Sheepshead Bay for sale.
    Where is this grocery and convenience store located?
    The property is located at 2899 Ocean Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Established international food store with high annual revenue (approximately $625,000) and loyal customer base.; - Prime location in a high-traffic area of Sheepshead Bay, surrounded by schools and businesses.; - Turnkey operation: fully equipped with freezers, display fridges, custom shelving, and stocked inventory for immediate profit generation.
    (718) 252-6060
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    2899 Ocean Ave Brooklyn, NY 11235
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    Brooklyn, NY 11235
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2899 Ocean Ave Brooklyn, NY 11235
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