Search
Established Variety Store Business
For Sale
$98,000

5006 8th Avenue, Brooklyn, NY 11220

Commercial, Brooklyn, NY

Property Size1,300 SF
Lot Size0.04 Acres
Price / SF$75.38
Days on Market62

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 21 Last Checked: Sep 2 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 more than 20 years and occupies a commercial building with retail areas on the first floor and in the basement. The property was built in 1931 and has a flat roof. R6 zoning is identified for the site.

The business is positioned on 8th Avenue in Brooklyn’s 11220 area, near shopping, restaurants, and public transportation. The offering is suited to continued variety-store operations, convenience retail, or a similar commercial use as supported by the existing setup. Appointments are required for access.

Key Highlights

  • Variety store business operating for more than 20 years
  • First‑floor and basement retail areas
  • Located on 8th Avenue in 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 - Operating for more than two decades, the business includes retail areas on the ground floor and in a basement.
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 $98,000.
What are key features of this property?
This property features: Variety store business operating for more than 20 years; First‑floor and basement retail areas; Located on 8th Avenue in Brooklyn, NY 11220
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message