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Storefront with Finished Basement
New
For Sale
$138,000

B-5723 8th Ave, Brooklyn, NY 11217

An established bubble tea business occupies a two-level retail space on Brooklyn’s 8th Avenue.

Property Size300 SF
Price / SF$460
Days on Market5

Property Features for B-5723 8th Ave

General Information

Standard status Active
Size 300 SF

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $2,400
Listing Agency: E House Realty & Mgt. Inc.
Listed By: Baofang (Selena) Lin
Source: Exprealty
Added: Oct 31 Changed: Nov 3 Last Checked: Nov 3 at 2:53PM

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 E House Realty & Mgt. Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Brooklyn storefront is occupied by an established bubble tea shop. The first floor measures approximately 300+ sq. ft., with an additional 800 sq. ft. of finished basement space. The lease has more than 8 years remaining.

The property is on 8th Avenue in Brooklyn, within a commercial district described as serving a Chinese community and experiencing substantial pedestrian activity.

Key Highlights

  • Approximately 300+ sq. ft. of first‑floor retail space
  • Additional 800 sq. ft. of finished basement space
  • Established bubble tea shop

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Auto Parts Store Building Supply (Bike/Boat/Book/etc) Store

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

7,597
Businesses Nearby
184k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 37% Groceries 13% Home Improvements & Furnishings 5%
McDonald's Dining
56,606 visits/mo 0.4 miles
Key Food Urban Marketplace Groceries
23,386 visits/mo 0.4 miles
TD Bank Shops & Services
15,811 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
9,346 visits/mo 0.1 miles
Unleashed by Petco Shops & Services
8,951 visits/mo 0.3 miles

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value

Market

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

  • Carroll flower shop 2 — 511 9th St, Brooklyn, NY 11215
  • The house of bouquets — 511 9th St, Brooklyn, NY 11215
  • Eastern Parkway Florist and Fruit Baskets of New York — 1 grand army plaza, brooklyn, ny 11238
  • Eastern Parkway Florist and Fruit Baskets — 1 Grand Army Plz, Brooklyn, NY 11238
  • AmyJacobusFlorals — 699 President St, Brooklyn, NY 11215

Frequently Asked Questions

What type of property is this?
Storefront property - An established bubble tea business occupies a two-level retail space on Brooklyn’s 8th Avenue.
Where is this storefront property located?
The property is located at B-5723 8th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $138,000.
What are key features of this property?
This property features: Approximately 300+ sq. ft. of first‑floor retail space; Additional 800 sq. ft. of finished basement space; Established bubble tea shop
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