937 Coney Island Ave, Brooklyn, NY 11235
This exceptional 700-square-foot commercial land parcel in Brooklyn, New York, presents a unique investment opportunity. Located at 937 Coney Island Avenue, in the 11235 zip code, this property boasts a highly desirable location within Kings County (Brooklyn), surrounded by schools and businesses, ensuring consistent foot traffic. The lot itself is 700 square feet, offering ample space for various commercial ventures. The property is currently improved with a thriving international food store, featuring an attractive glass storefront and modern amenities including freezers, display refrigerators, and custom shelving. This turnkey operation includes all existing inventory and equipment. The business generates a substantial annual revenue of $340,000, with remarkably low monthly rent of $2,400 (excluding electricity) on a five-year renewable lease. The ceiling height ranges from 8 to 10 feet. This property offers a rare chance to acquire a profitable business and valuable land in a prime Brooklyn location. The asking price for this exceptional opportunity is $90,000. This is a single-unit property. The property's latitude and longitude coordinates are 40.5860069 and -73.9418603 respectively.
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BAKU STORE Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.