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Built-Out Grocery Store

193 Smith Street, Brooklyn, NY 11201

For Sale
$750,000

The grocery operation offers both pickup and delivery from its fully built-out space.

Property SizeContact for details
Days on Market237

Property Features for 193 Smith Street

General Information

Standard status Active
Property subtype Mixed Use

Additional Details

Business Included Yes

Building Details

Year Built 1931
Listing Agency: Chase Global Realty Corp
Listed By: John Z. Liu CBR · License NY #10301223234
Source: Poljanproperties
Added: Mar 18 Changed: Nov 7 Last Checked: Nov 8 at 8:46PM

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 Chase Global Realty Corp

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Investment Insights

Based on property information with market context.

A grocery business is offered for sale with vacant possession and an as-is sale condition. The space is fully built out, and the operation provides customer pickup and delivery. The building was constructed in 1931.

The lease has a 7-year term with a 5-year renewal option and 3% annual rent escalations.

Key Highlights

  • Fully built‑out grocery space
  • Customer pickup and delivery services
  • Lease term of 7 years with a 5‑year renewal option

Property Analytics

Current Use

New York Halal ... Restaurant Mr. Beet Grocery & Convenience Store

Suggested Use

Top Pick Nursing Home Auto Parts Store Adult Day Care Tanning Salon Home Appliance Store Pet Grooming Service

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

11,816
Businesses Nearby
341k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 26% Dining 24% Shops & Services 24% Apparel 16%
Trader Joe's Groceries
62,148 visits/mo 0.3 miles
Shell Shops & Services
22,155 visits/mo 0.4 miles
Key Food - Atlantic Avenue Groceries
21,965 visits/mo 0.4 miles
PetSmart Shops & Services
18,203 visits/mo 0.3 miles
Goodwill Apparel
18,116 visits/mo 0.4 miles

Demographics for 11201, NY

69,703
Population
36,155
Households
1.9
Avg Household Size
35
Median Age
79%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
49,788
Density / Sq Mi
$169,285
Median Household Income
$113,681
Median Earnings
$3,207
Median Rent
$1,131,700
Median Home Value

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

  • Union Market — 754-756 Union St, Brooklyn, NY 11215
  • La Venezolana Corporation — 654 Sackett St, Brooklyn, NY 11217
  • Union Market — 288 Court St, Brooklyn, NY 11231
  • Downtown Organic Market — 24 4th Ave, Brooklyn, NY 11217
  • Key Food Marketplace — 486 Henry St, Brooklyn, NY 11231

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The grocery operation offers both pickup and delivery from its fully built-out space.
Where is this grocery and convenience store located?
The property is located at 193 Smith Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Fully built‑out grocery space; Customer pickup and delivery services; Lease term of 7 years with a 5‑year renewal option
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