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    41 Newkirk Plz Brooklyn, NY 11226

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    For Sale
    $130,000

    Profitable Mexican restaurant in Brooklyn's Midwood neighborhood near Brooklyn College.

    Type:Commercial
    Property size:
    900 SF
    Added:
    Apr 26, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 26 at 12:54 am

    Property Features for 41 Newkirk Plz

    General Information

    Standard status
    Active
    Size
    900 SF
    Property subtype
    Commercial

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    Listing Contact
    Aldo Iemma
    Aldo Iemma

    Listing agent Aldo Iemma License #10311208950

    Listing office Empire state Realty Group

    Listing date Apr 26, 2026

    Source Elliman

    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 Empire state Realty Group


    Overview

    Established Brooklyn Restaurant for Sale

    This is an established Mexican restaurant located in the Midwood section of Brooklyn, near Brooklyn College. The 900-square-foot restaurant has a steady customer base for both eat-in and take-out service. It features seating for 24 people. The restaurant also includes a basement for storage and a backyard for additional storage. The extra-large kitchen is designed to accommodate take-out orders. Last year's gross income was $480,000, with a present monthly gross income of approximately $40,000. The monthly rent is $4,750, and there are 6 years remaining on the lease. Monthly payroll and utilities total approximately $13,000 for 7 full and part-time workers. The location has a bike score of 79, indicating it is very bikeable, a walk score of 86, indicating it is very walkable, and a transit score of 100, indicating it is a rider's paradise. There is potential to reduce expenses with owner operation.
    Location Intelligence

    Current Use by Public Records

    Bright Side Inc. Construction Company

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Fancy Buffet 1053 Flatbush Ave, Brooklyn, NY 11226

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.962741
    Latitude
    40.634974

    FAQs

    What type of property is this?
    Conventional restaurant - Profitable Mexican restaurant in Brooklyn's Midwood neighborhood near Brooklyn College.
    Where is this conventional restaurant located?
    The property is located at 41 Newkirk Plz Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: Established Mexican restaurant with positive cash flow.; Prime location in the Brooklyn College area of Midwood, Brooklyn.; High gross income: $480,000 annually, $40,000 monthly.
    More about this property
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