Profitable Pharmacy Business in
For Sale
$480,000
1222 Avenue U, Brooklyn, NY 11229
COMMERCIAL - Brooklyn, NY
Property Size1,000 SF
Lot Size0.05 Acres
Price / SF$480
Days on Market92
Property Features for 1222 Avenue U
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R5
Basement
Finished, Full
Subdivision
Sheepshead Bay
Standard status
Active
Size
1,000 SF
Lot size
0.05 Acres
Building Details
Year built
1927
Floors in Building
3
Number of units
1
Building materials
Brick
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Lut Ka Chan
(917) 708-9966
Added: May 12
Changed: Aug 4
Last Checked: Aug 11 at 9:06PM
MLS# 501337
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Investment Insights
Based on property information with market context.
A pharmacy business is available for purchase in the Sheepshead Bay area of Brooklyn. The business generates approximately $2,040,000 in annual gross income. The retail space is approximately 1,000 square feet and is described as well-maintained. The location benefits from a strong customer base and steady foot traffic. The monthly rent is $5,245, and the lease has 5 years remaining. The sale includes inventory. The property is located in a prime location surrounded by residential and commercial activity, with visibility and access to public transportation. The lot size is 0.0459 acres. The zoning is R5. The property is located near Avenue U in Brooklyn, NY.
Key Highlights
- Profitable pharmacy business with approximately $2,040,000 in annual gross income.
- Prime location in the busy Sheepshead Bay area near Avenue U.
- Low monthly rent of $5,245 with 5 years remaining on the lease.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,165
Businesses Nearby
120k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 35%
Electronics 4%
McDonald's
Dining
38,215 visits/mo
0.1 miles
BP
Shops & Services
20,388 visits/mo
0.1 miles
BP
Shops & Services
15,135 visits/mo
0.4 miles
Chase Bank
Shops & Services
15,025 visits/mo
0.2 miles
Sunoco
Shops & Services
13,641 visits/mo
0.2 miles
Demographics for 11229, NY
83,669
Population
33,353
Households
2.5
Avg Household Size
40
Median Age
41%
College-Educated
88%
High-School Grad
2.0 sq mi
ZIP Area
41,835
Density / Sq Mi
$72,556
Median Household Income
$52,948
Median Earnings
$1,666
Median Rent
$812,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Rite Aid Pharmacy — 344 Avenue X, Brooklyn, NY 11223
- Diana Kerik, RPh — Brooklyn, NY 11223
- Sofiya Glukhovskaya — 344 Avenue X, Brooklyn, NY 112235914
- Regina Dobrer — 344 Avenue X, Brooklyn, NY 112235914
- Lok Kun Wong — 344 avenue x, brooklyn, ny 112235914
Frequently Asked Questions
What type of property is this?
Drug store - Established pharmacy business for sale in Sheepshead Bay, Brooklyn.
Where is this drug store located?
The property is located at 1222 Avenue U Brooklyn, NY.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Profitable pharmacy business with approximately $2,040,000 in annual gross income.; Prime location in the busy Sheepshead Bay area near Avenue U.; Low monthly rent of $5,245 with 5 years remaining on the lease.
