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Restaurant Business in Food Court
For Sale
$45,000

42 W 38th Street, Brooklyn, NY 10018

COMMERCIAL - Brooklyn, NY

Property Size66,577 SF
Lot Size0.14 Acres
Price / SF$0.68
Days on Market11

Property Features for 42 W 38th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning M1-6
Subdivision Garment District
Standard status Active
Size 66,577 SF
Lot size 0.14 Acres

Building Details

Year built 1916
Number of units 1
Roof type Flat
Listing Agency: Re/Max Real Estate Professiona
Listed By: Jein Riun (Lisa) Liang · License #10401205443
Added: Jul 22 Changed: Jul 23 Last Checked: Aug 1 at 3:06AM
MLS# 503027

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.

Investment Insights

Based on property information with market context.

This offering is for a Chinese food restaurant business for sale located within a food court center. The property is presented as an operating food service concept in a shared retail dining environment.

The center is described as being in a busy food court setting, providing a steady flow of foot traffic within the food court area. The property is zoned M1-6.

As presented, the asset is specifically tied to the existing restaurant business and its food service operation within the food court environment.

Key Highlights

  • Chinese food restaurant business for sale
  • Located in a busy food court center
  • Building year built: 1916

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5,222
Businesses Nearby
173k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 36% Shops & Services 35% Groceries 27% Electronics 2%
Super Foodtown Groceries
44,026 visits/mo 0.4 miles
McDonald's Dining
28,023 visits/mo 0.2 miles
Burger King Dining
17,687 visits/mo 0.4 miles
Shell Shops & Services
14,972 visits/mo 0.2 miles
Shell Shops & Services
13,593 visits/mo 0.5 miles

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cajun flatbush inc — 2163 Tilden Ave, Brooklyn, NY 11226
  • Flaming Grill & Buffet — 2163 Tilden Ave, Brooklyn, NY 11226
  • Fancy Buffet — 1053 Flatbush Ave, Brooklyn, NY 11226

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Chinese food restaurant business for sale in a busy food court center, zoned M1-6.
Where is this conventional restaurant located?
The property is located at 42 W 38th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Chinese food restaurant business for sale; Located in a busy food court center; Building year built: 1916
More about this property
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