Neighborhood Grocery
New
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 Market1
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
(929) 364-1301
Listed By:
William Lin · License #10401344943
(929) 364-1301
Added: Aug 11
Last Checked: Aug 11 at 7:06PM
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 established 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 and does not include the real estate. Included operating equipment comprises two walk-in refrigeration units, an ice machine, beverage, dairy, produce, and ice cream refrigeration, along with the store’s existing fixtures and inventory.
The store occupies a highly visible corner location near a subway station in Brooklyn, with neighborhood foot traffic and exposure. Operations also include flower sales, while a Beer & Wine License is currently in process. A new owner may enter into a 10-year lease; the landlord pays water, and the lease has no CAM or additional real estate taxes. Annual rent increases are approximately $100 per month.
The store occupies a highly visible corner location near a subway station in Brooklyn, with neighborhood foot traffic and exposure. Operations also include flower sales, while a Beer & Wine License is currently in process. A new owner may enter into a 10-year lease; the landlord pays water, and the lease has no CAM or additional real estate taxes. Annual rent increases are approximately $100 per month.
Key Highlights
- Approximately 50 years serving the neighborhood
- Same family ownership for the past 16 years
- Business sale only; real estate is not included
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established corner-market operation 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 ownership for the past 16 years; Business sale only; real estate is not included
