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Variety Store with Basement
For Sale
$98,000

5006 8th Ave, Brooklyn, NY 11220

Established variety store with approximately 1,400 sq ft first-floor space and additional basement area.

Property Size1,300 SF
Price / SF$75.38
Days on Market68

Property Features for 5006 8th Ave

General Information

Standard status Active
Size 1,300 SF

Additional Details

Business Included Yes
Listing Agency: Tiger Realty
Listed By: Hui Bin (Sky) Wu
Source: Exprealty
Added: Jul 3 Changed: Aug 23 Last Checked: Sep 7 at 12:21PM

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 Tiger Realty

Investment Insights

Based on property information with market context.

Well-established variety store business for sale operating for over 20 years. The property includes approximately 1,400 sq ft on the first floor plus a basement, supporting a range of retail and convenience-style business uses.

The store is located on 8th Ave in Brooklyn near shopping, restaurants, and public transportation, with strong foot traffic cited in the remarks. Appointment required and do not disturb employees.

The offering is suited for an operator seeking an established storefront layout with both main-floor and basement space for merchandise and storage.

Key Highlights

  • Established variety store business operating for over 20 years
  • Approx. 1,400 sq ft first‑floor space plus basement area
  • Suitable for variety store, convenience store, retail, or similar business use

Property Analytics

Current Use

Hao Lai Discount ... Department Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Nursing Home Acupuncture

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

7,809
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 23% Home Improvements & Furnishings 12% Electronics 10%
Exxon Shops & Services
8,096 visits/mo 0.5 miles
Golden Dragon Dining
4,268 visits/mo 0.4 miles
FedEx Office Print & Ship Center Shops & Services
3,716 visits/mo 0.4 miles
W 8 Electric Supply Corp. Home Improvements & Furnishings
2,500 visits/mo 0.5 miles
T-Mobile Electronics
1,609 visits/mo 0.1 miles

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
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
Questions? Ask Rey
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Similar Off Market Nearby

  • Scaturro Supermarkets 6301 11th Ave, Brooklyn, NY 11219
  • Biedronka 5703 57th St, Brooklyn, NY 11219
  • Webers Grocery & Fruit 5522 13th Ave, Brooklyn, NY 11219
  • Forum Supermarket 6501 7th Ave, Brooklyn, NY 11220
  • Fei Long Market 6301 8th Ave, Brooklyn, NY 11220

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established variety store with approximately 1,400 sq ft first-floor space and additional basement area.
Where is this grocery and convenience store located?
The property is located at 5006 8th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $98,000.
What are key features of this property?
This property features: Established variety store business operating for over 20 years; Approx. 1,400 sq ft first‑floor space plus basement area; Suitable for variety store, convenience store, retail, or similar business use
More about this property
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