Established Grocery
449 Kings Highway, Brooklyn, NY 11223
For Sale
$160,000
Commercial, Brooklyn, NY
Property Size11,685 SF
Lot Size0.09 Acres
Price / SF$13.69
Days on Market96
Property Features for 449 Kings Highway
General Information
Property type
Property subtype
Zoning
Basement
Subdivision
Standard status
Size
Lot size
Building Details
Flooring type
Roof type
Listing Agency:
Ashford Homes LLC
Listed By:
William Lin · License NY #10401344943
(929) 364-1301
Added: Aug 11
Changed: Oct 10
Last Checked: Nov 14 at 12:06AM
MLS# 503689
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Investment Insights
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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.
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
Who owns this building?
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Current Use
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
Explore this area
Business Placement
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
$1,063,200
Median Home Value
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Market
Average Price Trend$/SF for Grocery and convenience stores in Brooklyn, NY
Properties on Market for Grocery and convenience stores in Brooklyn
Vacancy Rate% for Retail in Northeast region
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
