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Restaurant and Bar with Event Room

360 throop Avenue, Brooklyn, NY 11221

For Sale
$200,000

Operating Latin fusion business with a commercial gas kitchen and online ordering and delivery channels.

Property SizeContact for details
Days on Market28

Property Features for 360 throop Avenue

General Information

Standard status Active
Property subtype Commercial

Financials

Asking Price $200,000
Business Included Yes

Additional Details

Currently Operating Yes
Listing Agency: LOYALTTY INC
Listed By: ROYER I. SILVA · License NY #1062030
Source: Corcoran
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 5:39AM

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 LOYALTTY INC

Rey
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Investment Insights

Based on property information with market context.

The restaurant and bar business occupies more than 3,000 square feet, with a dining area, full bar, separate event room with a stage, office space, and a commercial gas kitchen. Online ordering and delivery are already part of the business’s operations.

The business has operated for approximately 10 years. The sale covers the business only; the real estate is not included. A new 10-year lease is offered by the landlord, subject to purchaser approval and execution. The reported liquor license allows service until 4:00 AM, subject to verification and applicable approvals.

Key Highlights

  • More than 3,000 square feet of restaurant and bar space
  • Separate event room with stage, plus dining area, full bar, office, and commercial gas kitchen
  • Approximately 10 years in operation

Property Analytics

Current Use

The Tailor and Dry clean ... (Bike/Boat/Book/etc) Store The Laundry Hub (Bike/Boat/Book/etc) Store Guacuco Restaurant

Suggested Use

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

5,214
Businesses Nearby
146k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 43% Groceries 39% Dining 9% Shops & Services 8%
The Home Depot Home Improvements & Furnishings
63,386 visits/mo 0.5 miles
Food Bazaar Supermarket Groceries
41,952 visits/mo 0.5 miles
Western Beef Groceries
14,901 visits/mo 0.3 miles
Family Dollar Shops & Services
7,861 visits/mo 0.2 miles
Pizza Hut Dining
6,851 visits/mo 0.5 miles

Demographics for 11221, NY

89,222
Population
38,690
Households
2.3
Avg Household Size
33
Median Age
42%
College-Educated
84%
High-School Grad
1.4 sq mi
ZIP Area
63,730
Density / Sq Mi
$85,122
Median Household Income
$49,202
Median Earnings
$2,055
Median Rent
$1,061,400
Median Home Value

Market

Average Price Trend$/SF for Conventional restaurants in Brooklyn, NY

$300 Jul
$289 Aug
$326 Sep
$403 Oct

Properties on Market for Conventional restaurants 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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating Latin fusion business with a commercial gas kitchen and online ordering and delivery channels.
Where is this conventional restaurant located?
The property is located at 360 throop Avenue 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: More than 3,000 square feet of restaurant and bar space; Separate event room with stage, plus dining area, full bar, office, and commercial gas kitchen; Approximately 10 years in operation
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