Neighborhood Grocery and Medicine
For Sale
$50,000
1247 Avenue U, Brooklyn, NY 11229
COMMERCIAL - Brooklyn, NY
Property Size3,800 SF
Lot Size0.05 Acres
Price / SF$13.16
Days on Market147
Property Features for 1247 Avenue U
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R5
Basement
Full
Subdivision
Homecrest
Standard status
Active
Size
3,800 SF
Lot size
0.05 Acres
Building Details
Year built
1928
Floors in Building
3
Number of units
1
Building materials
Brick
Roof type
Flat
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
Kelly Wu
(718) 612-3088
Added: Mar 23
Changed: Aug 4
Last Checked: Aug 16 at 5:06PM
MLS# 499918
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 is a business-for-sale only offering and does not include the real estate. The store is currently operating as an Asian grocery and medicine store and is supported by organized shelving and display counters, along with refrigeration and a large freezer room located in the basement.
The total reported size is approximately 3,800 square feet, comprised of a ground-floor retail area plus a full basement. The layout is described as suitable for retail sales as well as storage, a staff break area, and a bathroom.
Conveniently located on busy Avenue U in Brooklyn, the property is noted as being near the Q train. Any lease terms are to be negotiated.
The total reported size is approximately 3,800 square feet, comprised of a ground-floor retail area plus a full basement. The layout is described as suitable for retail sales as well as storage, a staff break area, and a bathroom.
Conveniently located on busy Avenue U in Brooklyn, the property is noted as being near the Q train. Any lease terms are to be negotiated.
Key Highlights
- Business for sale only; no real estate included
- Operating as an Asian grocery and medicine store
- Approx. 3,800 sq ft total: 20 ft x 95 ft ground floor plus full basement
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,179
Businesses Nearby
120k
Monthly Visits Nearby
Under-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
0.2 miles
BP
Shops & Services
20,388 visits/mo
0.2 miles
BP
Shops & Services
15,135 visits/mo
0.5 miles
Chase Bank
Shops & Services
15,025 visits/mo
0.3 miles
Sunoco
Shops & Services
13,641 visits/mo
0.3 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
- Sheepshead Bay Marketplace — 1717 Avenue Z, Brooklyn, NY 11235
- fruit and vegetable Brothers — 249 Avenue X, Brooklyn, NY 11223
- Khasky’s Marketplace — 426 Avenue U, Brooklyn, NY 11223
- Mtskheta Georgian Food Market — 389 Avenue X, Brooklyn, NY 11223
- Khaskys Market — 426 Avenue U, Brooklyn, NY 11223
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Well-established Asian grocery and medicine store operating with shelving, display counters, refrigeration, and basement freezer room.
Where is this grocery and convenience store located?
The property is located at 1247 Avenue U Brooklyn, NY.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Business for sale only; no real estate included; Operating as an Asian grocery and medicine store; Approx. 3,800 sq ft total: 20 ft x 95 ft ground floor plus full basement
