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Profitable Georgian Supermarket For Sale
For Sale
$465,000

383 Avenue X, Brooklyn, NY 11223

Successful Brooklyn supermarket business with high income and equipment included.

Property Size3,500 SF
Price / SF$132.86
Days on Market100

Property Features for 383 Avenue X

General Information

Standard status Active
Size 3,500 SF
Property subtype Commercial
Listing Agency: Superior Realty Service
Listed By: Marina Vaygensberg · License #MV6684
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 9:12AM

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, located in a prime Brooklyn location, offers a profitable investment opportunity. The store space includes 3,500 square feet on the main floor, plus an additional 2,000 square feet in the basement. The business has been active for 3 years. The store is well-organized and well-equipped, with all professional equipment included in the sale, such as stoves, refrigerators, shelves, pots, pens, and utensils. The store is licensed to sell beer. A full professional kitchen is also included. The location includes 4 parking spots. The equipment itself is valued at least $250,000. The location is very bikeable (bike score 72), a walker's paradise (walk score 94), and a rider's paradise (transit score 97).

Key Highlights

  • High and Increasing Net Income: Demonstrated profitability with net income increasing to $1,500,000 currently.
  • Prime Brooklyn Location: Excellent walk, bike, and transit scores (Walk Score 94, Bike Score 72, Transit Score 97).
  • Substantial Equipment Included: Includes at least $250,000 worth of professional equipment and a full professional kitchen.

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 - Successful Brooklyn supermarket business with high income and equipment included.
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: Demonstrated profitability with net income increasing to $1,500,000 currently.; Prime Brooklyn Location: Excellent walk, bike, and transit scores (Walk Score 94, Bike Score 72, Transit Score 97).; Substantial Equipment Included: Includes at least $250,000 worth of professional equipment and a full professional kitchen.
More about this property
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