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1616 Voorhies Avenue Brooklyn, NY 11235

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Well-established salon with diverse services and high income.

Type:Land
Property size:
6,400 SF
Price / SF:
$121/SF
Added:
Apr 17, 2024
Days on Market:
740
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 1616 Voorhies Avenue

General Information

Standard status
Active
Size
6,400 SF
Property subtype
Land

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Listing Contact
Mohamed Mahmoud

Listing agent Mohamed Mahmoud License #New York

Listing office Citi Star Realty

Listing date Apr 17, 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

Established Salon in Sheepshead Bay

Located in Sheepshead Bay, this established hair salon has been in operation for 22 years. The salon offers a range of services, including hair services, laser hair removal, facials, massages (including Japanese massage), manicures, pedicures, make-up application, eyelashes, tattoo & powder eyebrows, and Botox. Make-up and lash classes are also available, and there is a party room. The property benefits from a long lease with 7.5 years remaining, plus an option for another 5 years. The annual rent and expenses are $178,200, with a total annual income of $480,000, resulting in a clean income of $301,800 per year. The property is situated close to all modes of transportation and is half a block from the Sheepshead Bay train station, Sheepshead Bay Road shopping center, restaurants, and Emmons Avenue. The property size is 6,400 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Photographer & Video content ... Photography Service DadimedNYC Physician Marina Diagnostic Lab Medical Laboratory MA Esthetics Hair Salon Nailsquad_nyc Nail Salon

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
-73.952326
Latitude
40.585622

FAQs

What type of property is this?
Specialty property - Well-established salon with diverse services and high income.
Where is this specialty property located?
The property is located at 1616 Voorhies Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $777,000.
What are key features of this property?
This property features: High Net Income: Clean income of $301,800 per year.; Established Business: Well‑established, first‑class hair salon with a 22‑year history.; Favorable Lease Terms: Long lease with 7.5 years remaining and an option for another 5 years.
More about this property
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