Profitable Turnkey Liquor Store
For Sale
$160,000
547 Morgan Ave, Brooklyn, NY 11222
Turnkey liquor store in Greenpoint, Brooklyn with growth potential.
Property Size1,200 SF
Price / SF$160
Days on Market118
Property Features for 547 Morgan Ave
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,000
Building Details
Building Size
1,200 SF
Stories
3
Listing Agency:
ProBase Real Estate
(718) 210-2727
Listed By:
Chun Hung (Leo) Tse · License #CT7740
(718) 210-2727
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 8 at 7:00AM
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 ProBase Real Estate
Investment Insights
Based on property information with market context.
A well-established corner liquor store is available for sale in Greenpoint, Brooklyn. The turnkey business features 1,000 sq ft of retail space with high visibility and foot traffic. An additional 1,200 sq ft of basement storage is available for inventory and operations. The store has been successfully operated for years and is ready for a smooth transition to new ownership, as the current owner is retiring. A favorable 5-year lease includes a modest 3% annual increase and a 5-year renewal option. The sale includes the transfer of the liquor license, all furniture and fixtures, and an established customer base. Inventory will be calculated prior to closing. The location has a bike score of 82, a walk score of 91, and a transit score of 85.
Key Highlights
- Profitable, turnkey liquor store in prime Greenpoint, Brooklyn location.
- High foot traffic and excellent visibility due to corner location.
- Favorable 5‑year lease with a 5‑year renewal option and modest 3% annual increase.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,503
Businesses Nearby
121k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 38%
Office Supplies 15%
Groceries 5%
McDonald's
Dining
41,258 visits/mo
0.2 miles
Dollar Tree
Shops & Services
27,945 visits/mo
0.1 miles
Staples
Office Supplies
18,417 visits/mo
0.2 miles
BP
Shops & Services
18,285 visits/mo
0.1 miles
Met Food
Groceries
6,535 visits/mo
0.2 miles
Demographics for 11222, NY
41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Turnkey liquor store in Greenpoint, Brooklyn with growth potential.
Where is this grocery and convenience store located?
The property is located at 547 Morgan Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Profitable, turnkey liquor store in prime Greenpoint, Brooklyn location.; High foot traffic and excellent visibility due to corner location.; Favorable 5‑year lease with a 5‑year renewal option and modest 3% annual increase.
