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Supermarket with Private Parking

1520 Avenue U, Brooklyn, NY 11229

For Sale
New
$250,000

An operating, equipped grocery business occupies a corner storefront opposite the Ave U subway station.

Property Size3,800 SF
Price / SF$65.79
Days on Market4

Property Features for 1520 Avenue U

General Information

Standard status Active
Size 3,800 SF
Property subtype Commercial

Additional Details

Business Included Yes
Corner Location Yes
Currently Operating Yes
Listing Agency: New World Realty Group LLC
Listed By: Stephanie Dong Chin
Source: Prideestates
Added: Nov 6 Last Checked: Nov 8 at 5:23AM

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 New World Realty Group LLC

Rey
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Investment Insights

Based on property information with market context.

This equipped supermarket occupies an approximately 3,800-square-foot corner space at Avenue U and East 16th Street in Brooklyn. The business has been operating for more than 15 years, and private parking is included.

The storefront faces a busy commercial area and sits directly across from the Ave U subway station. Lease terms are negotiable.

Key Highlights

  • Approximately 3,800‑square‑foot supermarket
  • Operating for more than 15 years
  • Corner location at Avenue U and East 16th Street

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Easy Shop Supermarket ... Specialty Food Shop

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Hotel & Motel Grocery & Convenience Store Bar & Pub Nursing Home

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

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Grocery and convenience stores in Brooklyn, NY

$280 Jul
$193 Aug
$236 Sep
$251 Oct

Properties on Market for Grocery and convenience stores in Brooklyn

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Sheepshead Bay Marketplace — 1717 Avenue Z, Brooklyn, NY 11235
  • Mtskheta Georgian Food Market — 389 Avenue X, Brooklyn, NY 11223
  • Khasky’s Marketplace — 426 Avenue U, Brooklyn, NY 11223
  • Khaskys Market — 426 Avenue U, Brooklyn, NY 11223
  • Ocean Bay Market — 2424 Coney Island Ave, Brooklyn, NY 11223

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - An operating, equipped grocery business occupies a corner storefront opposite the Ave U subway station.
Where is this grocery and convenience store located?
The property is located at 1520 Avenue U Brooklyn, NY.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 3,800‑square‑foot supermarket; Operating for more than 15 years; Corner location at Avenue U and East 16th Street
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