Profitable Pharmacy Business For
For Sale
$480,000
1222 Avenue U, Brooklyn, NY 11229
Established pharmacy business in Sheepshead Bay with strong customer base.
Property Size1,000 SF
Price / SF$480
Days on Market106
Property Features for 1222 Avenue U
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Commercial
Building Details
Year Built
1927
Listing Agency:
Tiger Realty
(917) 708-9966
Listed By:
Meiwen (Carmen) Li
(917) 708-9966
Source:
Elliman
Added: May 14
Changed: Jul 10
Last Checked: Aug 26 at 11:10AM
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 Tiger Realty
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a pharmacy business situated in the Sheepshead Bay area, near Avenue U. The business reports approximately $2,040,000 in annual gross income. The retail space encompasses approximately 1,000 square feet. The monthly rent is $5,245, and the lease has 5 years remaining. The sale includes inventory. The location benefits from high visibility and convenient access to public transportation, surrounded by both residential and commercial activity. The location has a walk score of 96, a transit score of 84, and a bike score of 63.
Key Highlights
- Profitable pharmacy business with $2,040,000 in annual gross income.
- Prime location in the busy Sheepshead Bay area near Avenue U with high foot traffic.
- Low monthly rent of $5,245 with 5 years remaining on the lease.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,179
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
0.2 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
- 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 in Sheepshead Bay with strong customer base.
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 **$2,040,000 in annual gross income**.; Prime location in the busy Sheepshead Bay area near Avenue U with high foot traffic.; Low monthly rent of $5,245 with 5 years remaining on the lease.
