Established Restaurant in Sunset
5304 8th Ave 1 Brooklyn, NY 11220
For Sale
$375,000
Asian restaurant for sale in prime Sunset Park area.
Property Size3,120 SF
Price / SF$120.19
Days on Market92
Property Features for 5304 8th Ave 1
General Information
- Standard status
- Active
- Size
- 3,120 SF
- Property subtype
- Commercial
Listing Agency:
Metro Realty Professionals
(718) 838-2600
Listed By:
XiaHua Shao
(718) 838-2600
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 23 at 10:54AM
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 Metro Realty Professionals
Investment Insights
Based on property information with market context.
An established Asian restaurant is available for sale in the 8th Avenue business district, situated in the prime Sunset Park area. The restaurant, which offers fresh food for both dine-in and takeout, spans approximately 3,120 square feet and can accommodate around 75 guests. It features a fully equipped kitchen, refrigerators, and restrooms. The gross yearly business income is $1,320,000. The property tax is included in the rent, with a yearly increase of 4%. The location is considered very walkable, with a walk score of 90, and is also highly accessible by public transportation, boasting a transit score of 95, indicating it is a rider's paradise. The bike score is 62, indicating it is bikeable. The seller is relocating and is open to reasonable offers, presenting an opportunity to establish a business in the heart of 8th Avenue in Sunset Park.
Key Highlights
- High Gross Yearly Income: $1,320,000
- Prime Location in the 8th Avenue business district of Sunset Park
- Fully Equipped Kitchen and Fixtures: Ready for immediate operation
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
C&L of East Ocean
Restaurant
Similar Off Market Nearby
- 山城 — 6505 fort hamilton pkwy, brooklyn, ny 11219
FAQs
What type of property is this?
Conventional restaurant - Asian restaurant for sale in prime Sunset Park area.
Where is this conventional restaurant located?
The property is located at 5304 8th Ave 1 Brooklyn, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: High Gross Yearly Income: $1,320,000; Prime Location in the 8th Avenue business district of Sunset Park; **Fully Equipped Kitchen and Fixtures: Ready for immediate operation**
