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    589 Flatbush Avenue Ext Brooklyn, NY 11225

    For Sale
    $175,000

    Business Opportunity - Brooklyn, NY

    Property size:
    3,420 SF
    Lot size:
    0.03 Acres
    Days on Market:
    89
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 589 Flatbush Avenue Ext

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    05034-0005
    Size
    3,420 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    1925
    Architectural style
    Other

    Keller Williams Realty of Greater Nassau (516) 873-7100 [email protected]

    Listing agent Muhammad Mujahid (516) 873-7100 License #10401389759

    Listing date Sep 17, 2025

    MLS# 914301 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Brooklyn Business Opportunity

    This established business in Brooklyn, New York, is available for sale, presenting a turnkey opportunity for entering the food industry or expanding an existing portfolio. The property, situated at 589 Flatbush Avenue, Brooklyn, NY 11225, benefits from a well-established location with consistent daily traffic and a strong customer base. The store, with a size of 3420 square feet and a lot size of 0.0331 acres, is newly renovated and well-equipped with new appliances and furniture. This represents a significant opportunity for those seeking a restaurant or retail property with a reputation for quality service in Kings County.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Purslane, Cobblestone Catering & Fine Foods, SeraphinsCatering LLC, Catering by Miriam, Xochitl Taqueria

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.980784
    Latitude
    40.689386

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant opportunity with strong customer base in Brooklyn.
    Where is this restaurant located?
    The property is located at 589 Flatbush Avenue Ext Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity, ready for immediate operation.; - Well-established location with consistent daily traffic.; - Strong, existing customer base.
    (516) 873-7100
    Request Owner's contact information
    589 Flatbush Avenue Ext Brooklyn, NY 11225
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    Brooklyn, NY 11225
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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
    589 Flatbush Avenue Ext Brooklyn, NY 11225
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