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Restaurant with Basement Storage
For Sale
$60,000

276 Kings Highway, Brooklyn, NY 11223

Commercial, Brooklyn, NY

Property Size1,800 SF
Lot Size0.04 Acres
Price / SF$33.33
Days on Market169

Property Features for 276 Kings Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning R7A
Basement Full, Unfinished
Subdivision Gravesend
Standard status Active
Size 1,800 SF
Lot size 0.04 Acres

Amenities

storage space

Building Details

Number of units 1
Building materials Brick
Roof type Flat
Listing Agency: RE/MAX Edge · RE/MAX International
Listed By: Mengying (Ivy) Chen · License #10401302254
Added: Apr 21 Changed: Sep 16 Last Checked: Oct 6 at 11:06AM
MLS# 500740

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This restaurant property at 276 Kings Highway includes 1,800 square feet of space and additional storage in the basement. The building features brick construction and a flat roof, providing a straightforward physical profile for the existing restaurant use.

The property occupies 0.0422 acres in Brooklyn, NY 11223, within Kings County. It carries R7A zoning and has four years remaining on the lease. The address places the asset on Kings Highway, offering a clearly identified commercial location for continued restaurant operations.

Key Highlights

  • 1,800 square feet of restaurant space
  • Basement storage area included
  • Four years remaining on the lease

Property Analytics

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Current Use

Naniwa Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Storage Facility 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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4,063
Businesses Nearby
106k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 35% Shops & Services 28% Dining 27% Electronics 11%
Super Foodtown Groceries
19,340 visits/mo 0.4 miles
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 0.5 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
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 - Brick-built restaurant with lower-level storage and four years remaining on the lease.
Where is this conventional restaurant located?
The property is located at 276 Kings Highway 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: 1,800 square feet of restaurant space; Basement storage area included; Four years remaining on the lease
More about this property
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