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    383 Avenue X Brooklyn, NY 11223

    For Sale
    $465,000

    Commercial - Brooklyn, NY

    Property size:
    3,540 SF
    Lot size:
    0.08 Acres
    Days on Market:
    43
    Last Refresh:
    Dec 11 at 11:06 pm

    Property Features for 383 Avenue X

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1
    Size
    3,540 SF
    Lot size
    0.08 Acres

    Building Details

    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Superior Realty Service (347) 554-8282

    Listing agent Marina Vaygensberg (347) 554-8282

    Listing date Oct 30, 2025

    MLS# 497008 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 Brooklyn Grocery Store For Sale

    A successful Georgian supermarket is available for sale. This food retail store, located in Gravesend, presents a profitable investment opportunity in the food retail industry. The store encompasses 3,500 square feet on the main floor, with an additional 2,000 square feet in the basement. The sale includes all professional equipment, such as stoves, refrigerators, shelves, pots, pens, and utensils. The store is licensed to sell beer. The business has been active for 3 years. The location includes 4 parking spots. The equipment itself is worth at least $250,000 and is included with the business. A full professional kitchen is also included. The property is located in a prime Brooklyn location. The lot size is approximately 0.08 acres. The property's zoning is C1. The store has a 10-year lease with a 5-year extension.
    Location Intelligence

    Current Use by Public Records

    Akm Deli & Grocery 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, Tashkent supermarket, New Eastern II Fruits, Vegetables, and Grocery Inc

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.969056
    Latitude
    40.5909

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    FAQs

    What type of property is this?
    Grocery and convenience store - Successful Georgian supermarket in prime Brooklyn location.
    Where is this grocery and convenience store located?
    The property is located at 383 Avenue X Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $465,000.
    What are key features of this property?
    This property features: - High and Increasing Net Income: Proven track record of substantial and growing net income ($952K to $1.5M).; - Prime Brooklyn Location: Situated in a desirable and high-traffic Brooklyn location.; - Fully Equipped: Includes all professional equipment (stoves, refrigerators, shelves, etc.) valued at $250,000.
    (347) 554-8282
    Request Owner's contact information
    383 Avenue X Brooklyn, NY 11223
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    Brooklyn, NY 11223
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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
    383 Avenue X Brooklyn, NY 11223
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