Corner Retail Space With
For Sale
$160,000
547 Morgan Avenue, Brooklyn, NY 11222
COMMERCIAL - Brooklyn, NY
Property Size1,200 SF
Lot Size0.05 Acres
Price / SF$133.33
Days on Market266
Property Features for 547 Morgan Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2-4
Basement
Finished
Subdivision
Greenpoint
Standard status
Active
Size
1,200 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
7000
Building Details
Floors in Building
3
Number of units
1
Flooring type
Concrete
Building materials
Brick
Roof type
Flat
Listing Agency:
ProBase Real Estate
(718) 210-2727
Listed By:
Chun Hung (Leo) Tse · License #CT7740
(718) 210-2727
Added: Nov 27, 2025
Changed: Aug 4
Last Checked: Aug 20 at 7:06AM
MLS# 497603
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 retail property includes 1,000 square feet of sales space and an additional 1,200-square-foot basement used for organized storage and operations. The sale includes the liquor license, furniture, and fixtures, along with an established liquor store business. Brick construction, concrete flooring, and a flat roof are reported, and the property is zoned C2-4.
Located at 547 Morgan Avenue in Brooklyn, the corner position provides a street-facing retail setting in Greenpoint. The existing lease runs for 5 years, provides a 3% annual increase, and includes a 5-year renewal option. Inventory will be calculated before closing, while the owner’s retirement creates a transition opportunity for new ownership.
Located at 547 Morgan Avenue in Brooklyn, the corner position provides a street-facing retail setting in Greenpoint. The existing lease runs for 5 years, provides a 3% annual increase, and includes a 5-year renewal option. Inventory will be calculated before closing, while the owner’s retirement creates a transition opportunity for new ownership.
Key Highlights
- 1,000 SF of retail space plus 1,200 SF of basement storage
- Transfer of liquor license included with the sale
- Furniture and fixtures included
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
3,503
Businesses Nearby
121k
Monthly Visits Nearby
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?
Retail space - Includes a transferable liquor license, existing fixtures, and dedicated basement storage for inventory.
Where is this retail space located?
The property is located at 547 Morgan Avenue 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: 1,000 SF of retail space plus 1,200 SF of basement storage; Transfer of liquor license included with the sale; Furniture and fixtures included
