Latin-Style
For Sale
$85,000
Withheld Bay, Brooklyn, NY 11218
Commercial, Brooklyn, NY
Property Size1,269 SF
Lot Size0.29 Acres
Price / SF$66.98
Days on Market61
Property Features for Withheld Bay
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
c
Subdivision
Kensington
Standard status
Active
Size
1,269 SF
Lot size
0.29 Acres
Building Details
Number of units
1
Building materials
Brick
Roof type
Flat
Listing Agency:
Empire State Realty Group
(646) 932-4442
Listed By:
Aldo Iemma · License #10311208950
(646) 932-4441
Added: Jul 17
Changed: Sep 6
Last Checked: Sep 15 at 5:06PM
MLS# 503118
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 1,269-square-foot restaurant in Brooklyn’s Kensington neighborhood features seating for 19 and a kitchen configured for electric operation. Gas service is also present in the restaurant, providing an alternative utility setup for future ownership. The building is constructed of brick and has a flat roof.
The property is subject to an 8-year lease with a 2% yearly increase. Its Latin-style restaurant format and compact dining footprint provide a clearly defined operating layout within the Brooklyn market.
The property is subject to an 8-year lease with a 2% yearly increase. Its Latin-style restaurant format and compact dining footprint provide a clearly defined operating layout within the Brooklyn market.
Key Highlights
- 1,269‑square‑foot restaurant with seating for 19
- Electric kitchen with gas service present in the restaurant
- Located in Brooklyn’s Kensington neighborhood
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,833
Businesses Nearby
208k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 23%
Dining 20%
Home Improvements & Furnishings 2%
Super Foodtown
Groceries
44,026 visits/mo
0.3 miles
Mobil
Shops & Services
22,725 visits/mo
0.4 miles
BP
Shops & Services
19,538 visits/mo
0.5 miles
Burger King
Dining
17,687 visits/mo
0.4 miles
Mobil
Shops & Services
13,996 visits/mo
0.4 miles
Demographics for 11218, NY
78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant includes an electric kitchen with additional gas service in Brooklyn’s Kensington neighborhood.
Where is this conventional restaurant located?
The property is located at Withheld Bay Brooklyn, NY.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 1,269‑square‑foot restaurant with seating for 19; Electric kitchen with gas service present in the restaurant; Located in Brooklyn’s Kensington neighborhood
