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Profitable Brooklyn Supermarket Opportunity
For Sale
$465,000

383 Avenue X, Brooklyn, NY 11223

Established Georgian supermarket for sale in prime Brooklyn location.

Property Size3,540 SF
Lot Size0.08 Acres
Price / SF$84.55
Days on Market162

Property Features for 383 Avenue X

General Information

Standard status Active
Size 3,540 SF
Lot size 0.08 Acres
Property subtype Commercial

Building Details

Building Size 3,540 SF
Listing Agency: Superior Realty Service
Listed By: Marina Vaygensberg · License #MV6684
Source: Elliman
Added: Mar 12 Changed: Aug 8 Last Checked: Aug 8 at 6:24AM

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 Superior Realty Service

Investment Insights

Based on property information with market context.

A successful Georgian supermarket is available for sale. This food retail store, situated in a prime Brooklyn location, presents a profitable investment opportunity in the food retail industry. The store encompasses 3,500 square feet on the main floor, complemented by an additional 2,000 square feet in the basement. The sale includes all professional equipment, such as stoves, refrigerators, shelves, pots, pens, and utensils. The store holds a license to sell beer. The business has been active for 3 years. The location includes 4 parking spots. A full professional kitchen is included. The equipment itself is valued at least $250,000. The store operates under a lease with 10 years remaining and a 5-year extension option, with a monthly rent of $6,500.

Key Highlights

  • High and increasing net income: $1.5 million current, with a 3‑year history of growth.
  • Prime Brooklyn location with established Georgian supermarket business.
  • Includes all professional equipment (stoves, refrigerators, shelves, etc.) valued at $250,000.

Property Analytics

Current Use

Akm Deli & Grocery Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hotel & Motel Bar & Pub Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,563
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Groceries 24% Dining 7% Electronics 2%
Key Food Groceries
17,722 visits/mo 0.4 miles
Sunoco Shops & Services
15,934 visits/mo 0.3 miles
BP Shops & Services
15,135 visits/mo 0.5 miles
Chase Bank Shops & Services
13,664 visits/mo 0.2 miles
TD Bank Shops & Services
12,635 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

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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Similar Off Market Nearby

  • American Grocery Outlet 2914 Coney Island Ave, Brooklyn, NY 11235
  • Freddy's Market 2845 Coney Island Ave, Brooklyn, NY 11235
  • freddys on Z 2845 Coney Island Ave, Brooklyn, NY 11235
  • Tashkent supermarket 2828 coney island ave, brooklyn, ny 11235
  • New Eastern II Fruits, Vegetables, and Grocery Inc 231 Neptune Ave, Brooklyn, NY 11235

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established Georgian supermarket for sale in prime Brooklyn location.
Where is this grocery and convenience store located?
The property is located at 383 Avenue X Brooklyn, NY.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: High and increasing net income: **$1.5 million current**, with a 3‑year history of growth.; Prime Brooklyn location with established Georgian supermarket business.; Includes all professional equipment (stoves, refrigerators, shelves, etc.) valued at **$250,000**.
More about this property
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