This Retail Property is no longer advertised on LoopNet.com.

605 Brighton Beach Ave
Brooklyn, NY 11235
King Meats Market · Retail Property For Sale

Property Facts

Property Type
Retail
Building Size
5,000 SF
Building Class
B
Year Built
1928
Building Height
1 Story
Building FAR
2.50
Lot Size
0.05 AC
Zoning
R6
Frontage
20’ on Brighton Beach Ave

Amenities

  • Bus Line
  • Metro/Subway

About 605 BRIGHTON BEACH AVE , BROOKLYN, NY 11235

Well established and still flourishing business for sale!!!!!!!!!!!!! King Meats Market opened its doors originally 45 years ago and has been a Brighton Beach staple ever since. Conveniently located between Brighton 6th and 7th, this long standing business affords the purchaser a very long lasting lease with an extremely high revenue. Originally located in a single store front, it was expanded twice due to high demand and is now over 5000SQFT. Included is a sublease rental above the market which is currently on short term lease and generates $6,300.00 monthly income. Purchaser will benefit from a current 10 year lease with an automatic 10 year renewal. Taxes and insurance $2,700.00 per month, lease $25,500.00 per month. Average Gross total (for years 2014,2015,2016) on 1021 Form $6,400,000.00. Located centrally on Brighton Beach Avenue close to all transport and major foot traffic area

Property Taxes

Property Taxes

Parcel Number
08676-0012
Land Assessment
$39,150
Improvements Assessment
$220,950
Total Assessment
$260,100
  • Listing ID: 8019064

  • Date on Market: 7/7/2017

  • Last Updated:

  • Address: 605 Brighton Beach Ave, Brooklyn, NY 11235

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