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1520 Sheepshead Bay Road Brooklyn, NY 11235

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Profitable bakery and restaurant near Sheepshead Bay station.

Type:Retail
Property size:
600 SF
Added:
Oct 2, 2024
Days on Market:
558
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 1520 Sheepshead Bay Road

General Information

Standard status
Active
Size
600 SF
Property subtype
Retail

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Listing Contact
Inna Zabolotnaya

Listing agent Inna Zabolotnaya License #NY

Listing office Citi Star Realty

Listing date Oct 2, 2024

Source Crexi

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


Overview

Turnkey Georgian Bakery Restaurant Opportunity

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.
Location Intelligence

Current Use by Public Records

El Poblanito#1 Deli ... Food Market Apani Restaurant

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.953695
Latitude
40.58692

FAQs

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.
More about this property
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