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Restaurant and Bar
New
For Sale
$299,000

1541 Myrtle Ave, Brooklyn, NY 11237

The operation includes a licensed bar and equipped kitchen at a Brooklyn address.

Property Size5,805 SF
Price / SF$51.51
Days on Market5

Property Features for 1541 Myrtle Ave

General Information

Standard status Active
Size 5,805 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 1931
Listing Agency: Prime America Real Estate Inc
Listed By: Lakpa W. Tamang info@primeamericany.com · License #1057902
Source: Searchhomesinlongisland
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 4 at 8:50AM

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 Prime America Real Estate Inc

Investment Insights

Based on property information with market context.

A restaurant and bar business is offered at 1541 Myrtle Avenue in Brooklyn. The operation includes a liquor license, an equipped bar, and kitchen equipment. The building was constructed in 1931.

The address is in Brooklyn, NY 11237. The business has repeat customers, according to the property information.

Key Highlights

  • Liquor license in place
  • Equipped bar and kitchen
  • 1541 Myrtle Avenue, Brooklyn, NY 11237

Property Analytics

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Current Use

Aby’s bar Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Acupuncture Nursing Home Veterinary Clinic

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

5,882
Businesses Nearby
398k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 38% Dining 36% Shops & Services 16% Apparel 6%
Food Bazaar Supermarket Groceries
76,560 visits/mo 0.2 miles
Food Bazaar Supermarket Groceries
51,452 visits/mo 0.1 miles
Burger King Dining
36,411 visits/mo 0.4 miles
White Castle Dining
24,528 visits/mo 0.1 miles
Dunkin' Donuts Dining
23,384 visits/mo 0.0 miles

Demographics for 11237, NY

49,418
Population
18,801
Households
2.6
Avg Household Size
31
Median Age
41%
College-Educated
76%
High-School Grad
1.0 sq mi
ZIP Area
49,418
Density / Sq Mi
$82,570
Median Household Income
$43,421
Median Earnings
$2,109
Median Rent
$1,063,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The operation includes a licensed bar and equipped kitchen at a Brooklyn address.
Where is this conventional restaurant located?
The property is located at 1541 Myrtle Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Liquor license in place; Equipped bar and kitchen; 1541 Myrtle Avenue, Brooklyn, NY 11237
More about this property
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