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525 E 7th St
Brooklyn, NY 11218
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • ALL NEW EQUIPMENT INCLUDED
  • LARGE REGISTER STATION W/ 2 REGISTERS
  • BASEMENT W/ 2 WALK-IN REFRIGERATORS & LARGE WALK-IN FREEZDER
  • DISPLAY REFRIGERATORS, FREEZER
  • POS SYSTEM
  • ACTIVE/CURRENT FOOD STAMP LICENSE

PROPERTY FACTS

Property Type
Retail
Property Subtype
Supermarket
Building Size
3,194 SF
Building Class
C
Year Built
1940
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.81
Lot Size
0.09 AC
Zoning
R7B - R7B medium density residential zoning district. It is a contextual zone and must follow the regulations for Quality Housing Program.
Frontage
133’ on 7th St

AMENITIES

  • Signalized Intersection

ABOUT 525 E 7TH ST , BROOKLYN, NY 11218

HUGE FOOD MARKET FOR SALE!!! MONEY MAKING OPPORTUNITY!!! NEWLY REMODELED FOOD STORE, 2,000 SQ.FT. PLUS AN 850 SQ.FT. BASEMENT. ALL BRAND-NEW EQUIPMENT INCLUDING A KITCHEN WHICH WAS RECENTLY RENOVATED WITH ALL PERMITS PULLED AND INSPECTED BY THE CITY. SALE INCLUDES ALL THE EQUIPMENT, DISPLAY REFRIGERATORS, FREEZER TOTALING MORE THAN $200,000 LARGE REGISTER STATION WITH TWO REGISTERS AND A POS SYSTEM, SURVEILLANCE SYSTEMS IN PLACE, STOOP LICENSE WHICH ALLOWS FRUITS AND VEGETABLES TO BE PLACED OUTSIDE. BASEMENT HAS TWO WALK-IN REFRIGERATORS AS WELL AS A LARGE WALK-IN FREEZER. NEW ELECTRICAL PANEL WAS PUT IN TO CARRY ALL THE EQUIPMENT. ALL EQUIPMENT IN THE STORE IS LESS THAN ONE YEAR OLD. OWNER ACQUIRED FOOD STAMP LICENCE. RENT IS $7,000 PER MONTH. STORE HAS FOUR EMPLOYEES AND AVERAGE DAILY SALES OF $2,000. MOTIVATED SELLER, WILL CONSIDER ALL OFFERS!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05376-0055
Land Assessment
$171,000
Improvements Assessment
$261,000
Total Assessment
$432,000
  • Listing ID: 21702357

  • Date on Market: 12/9/2020

  • Last Updated:

  • Address: 525 E 7th St, Brooklyn, NY 11218

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