Turn-Key Restaurant in Cypress
For Sale
Contact for pricing
342 Ridgewood Ave., Brooklyn, NY 11208
Fully renovated restaurant with new equipment in up-and-coming location.
Property Size1,600 SF
Price / SF$125
Days on Market180
Property Features for 342 Ridgewood Ave.
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Hospitality, Retail
Zoning
R4
Listing Agency:
Batra NYC
Listed By:
Saul Miranda · License #10401399541
Source:
Crexi
Added: Feb 17
Changed: Aug 14
Last Checked: Aug 14 at 6:05AM
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 Batra NYC
Investment Insights
Based on property information with market context.
This 1600-square-foot retail space has been updated into a modern, energy-efficient restaurant in an up-and-coming location of Cypress Hills. The corner location offers an opportunity for a restaurateur to begin working immediately. The space includes a brand-new kitchen with a 16-foot hood and updated exhaust, as well as seating for 25 guests, a private office with built-in security cameras, full basement access, and a staff break room. The restaurant features new floors, walls, windows, a roll-up door, TVs, and lighting with multiple dim functions. The turn-key kitchen features a premium suite of True Refrigeration and Imperial Cooking equipment, including high-capacity 8-burner ranges, specialized convection baking, and over 150 cubic feet of combined cold storage. All equipment has been meticulously maintained, featuring modern eco-friendly hydrocarbon (HC) refrigerants and digital control systems to ensure low utility costs and health code compliance. The equipment includes a gas charbroiler, a 40 lbs oil capacity fryer, a 48" range with 8 open burners, a single deck convection oven, a True merchandiser, a True reach-in fridge, a True reach-in freezer, a half-cube ice maker, an open-air merchandiser, an undercounter fridge, an undercounter freezer, a centrifugal juicer and a Metro C5 3 series cabinet.
Key Highlights
- Turn‑key restaurant opportunity in an up‑and‑coming Cypress Hill location.
- Over $500k in recent renovations, including new plumbing, electrical, flooring, bathrooms, lighting, windows, air conditioning, and roll‑up door.
- Brand new, fully equipped kitchen with premium True Refrigeration and Imperial Cooking equipment, including 8‑burner ranges, convection oven, and extensive cold storage.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,645
Businesses Nearby
269k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Shops & Services 38%
Groceries 12%
Electronics 4%
McDonald's
Dining
30,359 visits/mo
0.3 miles
Wendy's
Dining
27,662 visits/mo
0.2 miles
Capital One Bank
Shops & Services
18,839 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
17,803 visits/mo
0.2 miles
White Castle
Dining
16,588 visits/mo
0.4 miles
Demographics for 11208, NY
101,958
Population
37,261
Households
2.7
Avg Household Size
35
Median Age
16%
College-Educated
82%
High-School Grad
2.7 sq mi
ZIP Area
37,762
Density / Sq Mi
$59,988
Median Household Income
$40,156
Median Earnings
$1,563
Median Rent
$638,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully renovated restaurant with new equipment in up-and-coming location.
Where is this conventional restaurant located?
The property is located at 342 Ridgewood Ave. Brooklyn, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Turn‑key restaurant opportunity in an up‑and‑coming Cypress Hill location.; Over $500k in recent renovations, including new plumbing, electrical, flooring, bathrooms, lighting, windows, air conditioning, and roll‑up door.; Brand new, fully equipped kitchen with premium True Refrigeration and Imperial Cooking equipment, including 8‑burner ranges, convection oven, and extensive cold storage.
