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Established Brooklyn Deli Business
For Sale
$59,000
Pending

478 Smith St, Brooklyn, NY 11231

Turn-key deli business with high revenue and prime location.

Property SizeContact for details
Days on Market121

Property Features for 478 Smith St

General Information

Standard status Pending
Property subtype Commercial
Listing Agency: RE/MAX Real Estate Professiona
Listed By: Billy Apter · License #BEA5721
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 21 at 10:24AM

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 RE/MAX Real Estate Professiona

Investment Insights

Based on property information with market context.

This is an opportunity to acquire an established deli business, a part of Brooklyn’s history for over 50 years. The turn-key business is fully stocked and furnished, already generating revenue. The new prime Carroll Gardens location benefits from high traffic. The lease term is 15 years with below market rent. Accessibility to all transportation options is available. The location has a bike score of 93, making it a biker's paradise, a walk score of 92, designating it as a walker's paradise, and a transit score of 93, classifying it as a rider's paradise.

Key Highlights

  • Turn‑key business opportunity: John's Deli, a local favorite for over 50 years.
  • Prime Carroll Gardens location with high traffic.
  • Fully stocked and furnished, already generating tremendous revenue.

Property Analytics

Current Use

John's Deli Of Smith ... Take-out & Catering Aboodies smoke shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Nursing Home Accounting Firm Pet Grooming Service Bed & Breakfast Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,927
Businesses Nearby
321k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 49% Shops & Services 26% Dining 24% Groceries 1%
The Home Depot Home Improvements & Furnishings
70,488 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
61,501 visits/mo 0.3 miles
McDonald's Dining
32,520 visits/mo 0.0 miles
Dollar Tree Shops & Services
30,894 visits/mo 0.5 miles
BP Shops & Services
20,614 visits/mo 0.1 miles

Demographics for 11231, NY

37,240
Population
18,265
Households
2
Avg Household Size
37
Median Age
69%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
26,600
Density / Sq Mi
$138,485
Median Household Income
$85,791
Median Earnings
$2,474
Median Rent
$1,678,900
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turn-key deli business with high revenue and prime location.
Where is this conventional restaurant located?
The property is located at 478 Smith St Brooklyn, NY.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: Turn‑key business opportunity: John's Deli, a local favorite for over 50 years.; Prime Carroll Gardens location with high traffic.; Fully stocked and furnished, already generating tremendous revenue.
More about this property
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