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Chinese Food Restaurant Business
For Sale
$45,000

42 W 38th Street, Brooklyn, NY 10018

Commercial, Brooklyn, NY

Property Size66,577 SF
Lot Size0.14 Acres
Price / SF$0.68
Days on Market48

Property Features for 42 W 38th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning M1-6
Subdivision Garment District
Standard status Active
Size 66,577 SF
Lot size 0.14 Acres

Building Details

Year built 1916
Number of units 1
Roof type Flat
Listing Agency: Re/Max Real Estate Professiona
Listed By: Jein Riun (Lisa) Liang · License #10401205443
Added: Jul 22 Changed: Sep 5 Last Checked: Sep 7 at 10:06AM
MLS# 503027

Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering includes a Chinese food restaurant business located within a food court center. The property record identifies 66577 square feet of property size on a 0.1406-acre lot, with M1-6 zoning. The building dates to 1916 and has a flat roof. The restaurant business is offered for sale as a food-service operation within the center’s shared commercial setting.

Key Highlights

  • Chinese food restaurant business offered for sale
  • Located within a food court center
  • 66577 square feet of property size

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Acupuncture Skin Care 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

5,469
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 42% Groceries 34% Dining 22% Electronics 2%
BP Shops & Services
17,442 visits/mo 0.2 miles
Key Food Supermarkets Groceries
13,741 visits/mo 0.4 miles
BP Shops & Services
12,744 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,613 visits/mo 0.1 miles
Associated Supermarkets Groceries
6,609 visits/mo 0.4 miles

Demographics for 10018, NY

11,145
Population
5,678
Households
2
Avg Household Size
35
Median Age
75%
College-Educated
92%
High-School Grad
0.3 sq mi
ZIP Area
37,150
Density / Sq Mi
$133,042
Median Household Income
$103,655
Median Earnings
$3,501
Median Rent
$947,100
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Fancy Buffet 1053 Flatbush Ave, Brooklyn, NY 11226
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  • Flaming Grill & Buffet 2163 Tilden Ave, Brooklyn, NY 11226

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant business situated within a food court center.
Where is this conventional restaurant located?
The property is located at 42 W 38th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Chinese food restaurant business offered for sale; Located within a food court center; 66577 square feet of property size
More about this property
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