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Established Variety Store Business
For Sale
$158,000

5006 8th Avenue, Brooklyn, NY 11220

COMMERCIAL - Brooklyn, NY

Property Size1,300 SF
Lot Size0.04 Acres
Price / SF$121.54
Days on Market49

Property Features for 5006 8th Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R6
Subdivision Sunset Park
Standard status Active
Size 1,300 SF
Lot size 0.04 Acres

Building Details

Year built 1931
Floors in Building 2
Roof type Flat
Listing Agency: Tiger Realty
Listed By: Hui Bin (Sky) Wu
Added: Jul 3 Changed: Aug 18 Last Checked: Aug 20 at 9:06PM
MLS# 502768

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 variety store business has operated for over 20 years and is offered with a first-floor commercial storefront and basement space. The layout is positioned for continued variety store, convenience store, retail, or similar business use. The building dates to 1931 and has a flat roof.

Located at 5006 8th Avenue in Brooklyn, the property is near shopping, restaurants, and public transportation. The offering is situated on a 0.0416-acre lot and carries R6 zoning. Showings are available by appointment, and employees should not be disturbed during business hours.

Key Highlights

  • Variety store business operating for over 20 years
  • First‑floor storefront with basement space
  • 5006 8th Avenue, Brooklyn, NY 11220

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

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

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established for more than 20 years, the operation includes a first-floor storefront and basement space in Brooklyn.
Where is this grocery and convenience store located?
The property is located at 5006 8th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Variety store business operating for over 20 years; First‑floor storefront with basement space; 5006 8th Avenue, Brooklyn, NY 11220
More about this property
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