66 Grand St, Brooklyn, NY 11249
This exceptional turnkey restaurant opportunity in the vibrant Williamsburg, Brooklyn neighborhood presents a rare chance to acquire an established and successful business. Located at 66 Grand St, this 23,528 square foot space boasts a prime location within a high-traffic area, ensuring a steady stream of customers. Built in 2017, the property sits on a 10,400 square foot lot and offers a fully equipped commercial kitchen, ready for immediate operation. The asking price is $299,000, translating to a price per square foot of $12.71. The restaurant's existing reputation for authentic Chinese cuisine and welcoming atmosphere provides a strong foundation for continued success. This is an ideal investment for experienced restaurateurs looking to expand their portfolio or aspiring entrepreneurs seeking a proven business model in a thriving community. The property's size and location offer significant potential for growth and expansion, making it a truly compelling investment opportunity in one of Brooklyn's most dynamic neighborhoods. The property is zoned for commercial use and is ready for immediate occupancy. This is a unique chance to own a well-established business in a high-demand area.
-
Mama Lee- Williamsburg Restaurant
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.