Turnkey Georgian Bakery Restaurant
For Sale
Contact for pricing
1520 Sheepshead Bay Road, Brooklyn, NY 11235
Profitable bakery and restaurant near Sheepshead Bay station.
Property Size600 SF
Price / SF$198.33
Days on Market706
Property Features for 1520 Sheepshead Bay Road
General Information
Standard status
Active
Size
600 SF
Property subtype
Retail
Net Operating Income
$319,430
Building Details
Units
1
Listing Agency:
Citi Star Realty
Listed By:
Inna Zabolotnaya · License #NY
Source:
Crexi
Added: Oct 2, 2024
Changed: Aug 14
Last Checked: Sep 1 at 12:26AM
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 Citi Star Realty
Investment Insights
Based on property information with market context.
This operating bakery and restaurant offers a clean and welcoming environment. The interior features wood paneling, creating a comfortable atmosphere for customers. The business specializes in authentic Georgian cuisine, including pre-packaged meals and fresh baked goods. The bakery is equipped with two stoves, six refrigerators, glass display countertops, refrigerated under-counter displays, stools, shelving units, and an ice cream freezer. All current utensils and miscellaneous kitchen appliances are included. The annual expenses total $100,570, with monthly expenses of $8,381. Monthly expenses include $250 for fuel, $500 for electricity, $88 for taxes, $160 for water/sewer, $3,467 for payroll, $117 for insurance, and $3,800 for rent. The annual income is $420,000, potentially yielding an annual profit of approximately $319,430. The bakery accommodates both seated and take-out customers. The 600 square foot property is conveniently located near the Sheepshead Bay train station, shops, buses, banks, and Emmons Avenue.
Key Highlights
- High annual income potential: Approximately $319,430 annually.
- Prime location: Close to Sheepshead Bay train station, shops, buses, banks, and Emmons Avenue.
- Fully equipped bakery and restaurant: Includes 2 stoves, 6 refrigerators, display counters, and all necessary utensils and appliances.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,757
Businesses Nearby
300k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Groceries 23%
Apparel 19%
Office Supplies 12%
Stop & Shop
Groceries
70,327 visits/mo
0.2 miles
Marshalls
Apparel
55,799 visits/mo
0.3 miles
Staples
Office Supplies
37,374 visits/mo
0.3 miles
Petco
Shops & Services
25,350 visits/mo
0.2 miles
Bank of America
Shops & Services
24,582 visits/mo
0.1 miles
Demographics for 11235, NY
88,482
Population
37,188
Households
2.4
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
35,393
Density / Sq Mi
$61,689
Median Household Income
$48,898
Median Earnings
$1,649
Median Rent
$723,900
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?
Conventional restaurant - Profitable bakery and restaurant near Sheepshead Bay station.
Where is this conventional restaurant located?
The property is located at 1520 Sheepshead Bay Road Brooklyn, NY.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: High annual income potential: Approximately $319,430 annually.; Prime location: Close to Sheepshead Bay train station, shops, buses, banks, and Emmons Avenue.; Fully equipped bakery and restaurant: Includes 2 stoves, 6 refrigerators, display counters, and all necessary utensils and appliances.
