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Established Grocery Business
For Sale
$160,000

449 Kings Highway, Brooklyn, NY 11223

Commercial, Brooklyn, NY

Property Size11,685 SF
Lot Size0.09 Acres
Price / SF$13.69
Days on Market28

Property Features for 449 Kings Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning r6
Basement Partial
Subdivision Gravesend
Standard status Active
Size 11,685 SF
Lot size 0.09 Acres

Building Details

Flooring type Hardwood
Roof type Flat
Listing Agency: Ashford Homes LLC
Listed By: William Lin · License #10401344943
Added: Aug 11 Changed: Aug 20 Last Checked: Sep 7 at 8:06AM
MLS# 503689

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 grocery business has operated in the neighborhood for approximately 50 years, including 16 years under the same family’s ownership. The sale is for the business only; real estate is not included. Operations are supported by two walk-in refrigeration units, an ice machine, beverage and dairy refrigerators, a produce refrigerator, and an ice cream freezer. Hardwood flooring and a flat roof are noted for the property.

The store occupies a highly visible corner near a subway station in Brooklyn, with established neighborhood exposure and foot traffic. Flower sales are also part of the operation, and a Beer & Wine License is currently in process. The business is being offered due to the owner’s retirement and health reasons. Showings are available by appointment, and employees and customers should not be disturbed.

Key Highlights

  • Approximately 50 years serving the neighborhood
  • Same family has operated the store for 16 years
  • Corner location near a subway station

Property Analytics

Current Use

Valentino's Jewelers (Bike/Boat/Book/etc) Store Avi's Men's Hair ... Barber Shop All About Nails Nail Salon Green Apple Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Hotel & Motel Nursing Home Bed & Breakfast

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

4,227
Businesses Nearby
81k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 23% Groceries 22% Electronics 17%
Key Food Groceries
17,619 visits/mo 0.3 miles
Chase Bank Shops & Services
16,089 visits/mo 0.1 miles
Starbucks Dining
15,784 visits/mo 0.1 miles
P.C. Richard & Son Electronics
9,818 visits/mo 0.0 miles
Dunkin' Donuts Dining
8,144 visits/mo 0.2 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

  • T-L Food Market Inc. 天倫食品市場 119 Avenue U, Brooklyn, NY 11223
  • Food Universe Marketplace 237-243 Avenue U, Brooklyn, NY 11223
  • Khasky’s Marketplace 426 Avenue U, Brooklyn, NY 11223
  • Khaskys Market 426 Avenue U, Brooklyn, NY 11223
  • Ocean Bay Market 2424 Coney Island Ave, Brooklyn, NY 11223

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Family-operated neighborhood store with refrigeration equipment, flower sales, and a Beer & Wine License in process.
Where is this grocery and convenience store located?
The property is located at 449 Kings Highway Brooklyn, NY.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Approximately 50 years serving the neighborhood; Same family has operated the store for 16 years; Corner location near a subway station
More about this property
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