41 Newkirk Plaza, Brooklyn, NY 11226

Building Details

Number of units

1

Building materials

Brick

Roof type

Flat

Listing agent Aldo Iemma License #10311208950 Show Phone

Listing office Empire State Realty Group e***@yahoo.com 156 Bay 14th Street, Brooklyn, NY Show Phone

Listing date Apr 25, 2026

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MLS# 500857

Copyright © 2026 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.

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Overview

This for-sale Mexican restaurant is configured for both eat-in and take-out, with seating for 24 and an extra-large kitchen designed to handle busy service. The space includes a basement for storage and additional back-yard storage, supporting day-to-day operations and inventory needs. Lease details include $4,750 monthly rent with approximately six years remaining on the lease.

Located in Midwood, Brooklyn near the Brooklyn College area, the restaurant serves a steady customer base for both deliveries and take-out. The listing reports current monthly gross income of approximately $40,000 and last year’s gross income of $480,000, alongside monthly payroll and utilities of about $13,000 for seven full- and part-time workers.

For buyers seeking an established food-service operation with existing infrastructure, the combination of 24-seat capacity, substantial kitchen capacity, and on-site storage areas provides a practical foundation for continued restaurant and delivery-focused service. The current lease and documented operating figures can help operators evaluate the cost structure and plan for management of labor, utilities, and day-to-day expenses within the ongoing business.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Similar Places Nearby

• Fancy Buffet — 1053 Flatbush Ave, Brooklyn, NY 11226

Location Insight

• Map
• Local Demand

City

Brooklyn

County

Kings

State

New York

Longitude

-73.962741

Latitude

40.634974

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FAQs

What type of property is this?

Conventional restaurant - Well-equipped restaurant with an extra-large kitchen, basement storage, and back-yard storage to support high-volume takeout.

Where is this conventional restaurant located?

The property is located at 41 Newkirk Plaza Brooklyn, NY.

What is the asking price?

The asking price for this property is $110,000.

What are key features of this property?

This property features: Well‑established Mexican restaurant in Midwood (Brooklyn College area) with 24‑seat dining capacity; Last year gross income: $480,000; current monthly gross income is approximately $40K; Monthly rent is $4,750 with 6 years left on the lease