Corner Grocery and Convenience
For Sale
$150,000
547 Morgan Avenue, Brooklyn, NY 11222
Commercial, Brooklyn, NY
Property Size1,200 SF
Lot Size0.05 Acres
Price / SF$125
Days on Market290
Property Features for 547 Morgan Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2-4
Basement
Finished
Subdivision
Greenpoint
Standard status
Active
Size
1,200 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7000
Building Details
Floors in Building
3
Number of units
1
Flooring type
Concrete
Building materials
Brick
Roof type
Flat
Listing Agency:
ProBase Real Estate
(718) 210-2727
Listed By:
Chun Hung (Leo) Tse · License #CT7740
(646) 407-6668
Added: Nov 27, 2025
Changed: Sep 9
Last Checked: Sep 13 at 4:06AM
MLS# 497603
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 corner retail operation is configured as a liquor store with dedicated sales space and additional basement storage for inventory and operations. The sale includes the liquor license, furniture, and fixtures. Brick construction, concrete flooring, and a flat roof are documented for the property.
The business is located at 547 Morgan Avenue in Brooklyn, NY 11222, within Greenpoint. C2-4 zoning applies to the property. The existing lease provides a 5-year term, includes a 3% annual increase, and carries a 5-year renewal option. Inventory is to be calculated before closing.
The business is located at 547 Morgan Avenue in Brooklyn, NY 11222, within Greenpoint. C2-4 zoning applies to the property. The existing lease provides a 5-year term, includes a 3% annual increase, and carries a 5-year renewal option. Inventory is to be calculated before closing.
Key Highlights
- Transfer of the liquor license included
- 5‑year lease with a 3% annual increase
- 5‑year renewal option
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
3,503
Businesses Nearby
121k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 38%
Office Supplies 15%
Groceries 5%
McDonald's
Dining
41,258 visits/mo
0.2 miles
Dollar Tree
Shops & Services
27,945 visits/mo
0.1 miles
Staples
Office Supplies
18,417 visits/mo
0.2 miles
BP
Shops & Services
18,285 visits/mo
0.1 miles
Met Food
Groceries
6,535 visits/mo
0.2 miles
Demographics for 11222, NY
41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating liquor retailer with transferable license, included fixtures, and basement storage.
Where is this grocery and convenience store located?
The property is located at 547 Morgan Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Transfer of the liquor license included; 5‑year lease with a 3% annual increase; 5‑year renewal option
