Established Variety Store in
For Sale
$60,000
322 Ditmas Ave, Brooklyn, NY 11218
Turnkey variety store business in Kensington, Brooklyn with growth potential.
Days on Market100
Property Features for 322 Ditmas Ave
General Information
Standard status
Active
Property subtype
Commercial
Listing Agency:
Equity Essentials LLC
(718) 413-8333
Listed By:
Mohammad A. Sattar
(718) 413-8333
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 12:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Essentials LLC
Investment Insights
Based on property information with market context.
This is a variety store business located in Kensington, Brooklyn. The store benefits from a location on a high-foot-traffic block, surrounded by residential buildings, schools, and public transportation. The location has a walk score of 91, a bike score of 83, and a transit score of 93. The store has 3 years remaining on a 5-year lease, with a 5-year renewal option. The current rent is $3,000 per month, with a 1% annual increase. This presents an investment opportunity for an owner-operator or entrepreneur looking to grow in a diverse and active Brooklyn community.
Key Highlights
- High foot traffic location in Kensington, Brooklyn, surrounded by residential buildings, schools, and public transportation.
- Turnkey, well‑established variety store business with a loyal customer base.
- Favorable lease terms: $3,000/month rent with 3 years remaining on a 5‑year lease and a 5‑year renewal option.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,875
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Dining 46%
Home Improvements & Furnishings 5%
Electronics 3%
McDonald's
Dining
25,733 visits/mo
0.5 miles
Chase Bank
Shops & Services
17,965 visits/mo
0.3 miles
Dunkin' Donuts
Dining
14,343 visits/mo
0.5 miles
Shell
Shops & Services
13,593 visits/mo
0.3 miles
Webster Bank
Shops & Services
7,940 visits/mo
0.3 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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Similar Off Market Nearby
- Amazing Top Choices 99¢ & Up — 966 McDonald Ave, Brooklyn, NY 11230
- GSA King Tomato Farm Inc. — 1140 McDonald Ave, Brooklyn, NY 11230
- Parkville Food Center — 109 Lawrence Ave, Brooklyn, NY 11230
- Zaitoon Halal Meat & Grocery — 1082 Coney Island Ave, Brooklyn, NY 11230
- Mittelman's Grocery — 5024 16th Ave, Brooklyn, NY 11204
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Turnkey variety store business in Kensington, Brooklyn with growth potential.
Where is this grocery and convenience store located?
The property is located at 322 Ditmas Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: High foot traffic location in Kensington, Brooklyn, surrounded by residential buildings, schools, and public transportation.; Turnkey, well‑established variety store business with a loyal customer base.; Favorable lease terms: $3,000/month rent with 3 years remaining on a 5‑year lease and a 5‑year renewal option.
