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Licensed Grocery and Convenience Store

8623 3RD AVE., Brooklyn, NY 11209

For Sale
$249,000

Business Opportunity, Brooklyn, NY

Property Size1,200 SF
Price / SF$207.50
Days on Market60

Property Features for 8623 3RD AVE.

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed Use
Subdivision Fort Hamilton
Directions 86 street to 3rd. ave.
Standard status Active

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Utilities

Heating system Forced Air, Natural Gas

Building Details

Flooring type Tile, Hardwood, Laminate
Listing Agency: GOLDEN MINE GROUP
Listed By: Ahmed Hassan
Added: Sep 15 Changed: Oct 29 Last Checked: Nov 13 at 11:06PM
MLS# 11982045

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Bay Ridge mini mart, deli, and grocery operation includes approximately 1,200 SF of main-floor space plus a 1000 SF basement. The business has operated for approximately 17 years and is being offered with equipment and licenses supporting Lotto, ATM, cigarette and tobacco sales, electronic services, and beer and wine. Interior finishes include laminate, hardwood, and tile flooring, with natural gas forced-air heating.

The property is located at 8623 3rd Ave. in Brooklyn, NY 11209. The business includes a 10-year lease, providing an established operating framework for the next owner. Its combination of grocery, deli, and licensed service offerings supports a varied retail format within the Bay Ridge market.

Key Highlights

  • Approximately 1,200 SF plus 1000 SF basement
  • Approximately 17 years of operating history
  • 10‑year lease

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bay Ridge Mini ... Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Hotel & Motel Building Supply HVAC Service

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

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

4,527
Businesses Nearby
249k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 30% Dining 26% Groceries 15% Office Supplies 10%
Super Foodtown Groceries
31,460 visits/mo 0.2 miles
BP Shops & Services
29,878 visits/mo 0.3 miles
Taco Bell Dining
25,051 visits/mo 0.2 miles
Staples Office Supplies
24,435 visits/mo 0.5 miles
Starbucks Dining
14,495 visits/mo 0.3 miles

Demographics for 11209, NY

73,239
Population
33,286
Households
2.2
Avg Household Size
40
Median Age
53%
College-Educated
90%
High-School Grad
2.1 sq mi
ZIP Area
34,876
Density / Sq Mi
$92,656
Median Household Income
$62,455
Median Earnings
$1,857
Median Rent
$905,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Grocery and convenience stores in Brooklyn, NY

$280 Jul
$193 Aug
$236 Sep
$251 Oct

Properties on Market for Grocery and convenience stores in Brooklyn

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Met Fresh of Bay Ridge — 9606 3rd Ave, Brooklyn, NY 11209
  • Foodtown of Bay Ridge — 9105-27 3rd Ave, Brooklyn, NY 11209
  • Gourmet Market — brooklyn, ny 11209
  • Gourmet Fresh — 530 86th St, Brooklyn, NY 11209
  • FalahiFarms — 8501 3rd Ave, Brooklyn, NY 11209

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established deli and grocery operation with a 10-year lease and multiple licensed service offerings.
Where is this grocery and convenience store located?
The property is located at 8623 3RD AVE. Brooklyn, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Approximately 1,200 SF plus 1000 SF basement; Approximately 17 years of operating history; 10‑year lease
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