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Established Restaurant with Basement Storage
For Sale
$60,000

276 Kings Hwy, Brooklyn, NY 11223

Operating sushi restaurant with lease and basement storage for sale.

Property SizeContact for details
Days on Market117

Property Features for 276 Kings Hwy

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Womcore LLC dba Remax Edge
Listed By: Mengying (Ivy) Chen · License #10401302254
Source: Elliman
Added: Apr 22 Changed: Jul 10 Last Checked: Aug 16 at 7:43AM

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 Womcore LLC dba Remax Edge

Investment Insights

Based on property information with market context.

A sushi restaurant is available for purchase, featuring storage space located in the basement. The current lease has 4 years remaining. The current rent is $6630. The location has a bike score of 80, indicating it is very bikeable. The walk score is 79, meaning it is very walkable. The transit score is 90, classifying it as a rider's paradise.

Key Highlights

  • High Transit Score (90): Enjoy excellent public transportation access.
  • Very Walkable (Walk Score 79): Provides convenient access to nearby amenities and services.
  • Existing Sushi Restaurant: Opportunity to acquire an already established business.

Property Analytics

Current Use

Naniwa Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Tattoo & Piercing Shop Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,939
Businesses Nearby
95k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Shops & Services 32% Groceries 19% Electronics 15%
Key Food Groceries
17,619 visits/mo 0.1 miles
Chase Bank Shops & Services
16,089 visits/mo 0.5 miles
Starbucks Dining
15,784 visits/mo 0.4 miles
Sunoco Shops & Services
13,157 visits/mo 0.4 miles
P.C. Richard & Son Electronics
9,818 visits/mo 0.4 miles

Demographics for 11223, NY

83,519
Population
28,857
Households
2.9
Avg Household Size
37
Median Age
34%
College-Educated
78%
High-School Grad
2.1 sq mi
ZIP Area
39,771
Density / Sq Mi
$63,950
Median Household Income
$40,592
Median Earnings
$1,653
Median Rent
$1,063,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating sushi restaurant with lease and basement storage for sale.
Where is this conventional restaurant located?
The property is located at 276 Kings Hwy 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 Transit Score (90): Enjoy excellent public transportation access.; Very Walkable (Walk Score 79): Provides convenient access to nearby amenities and services.; Existing Sushi Restaurant: Opportunity to acquire an already established business.
More about this property
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