1041 Flushing Ave - Restaurant FOR SALE


Brooklyn, NY 11237- East Williamsburg
$2,500,000 USD
917-856-4413
1041 Flushing Ave, Brooklyn, NY for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

1041 Flushing Ave
Brooklyn, NY 11237
East Williamsburg


HIGHLIGHTS

  • Brand New

OVERVIEW

Amazing opportunity brand new one story, retail building . Right on the border of Bushwick and East Williamsburg. Property being being sold with extremely successful local business. business can be sold separately call for details. $650,000 only includes the sale of the business does not include sale of real estate. A separate price of $2.5 million would be price for both together. Well established Local Business ,Favorable Lease term Prime Commercial Real Estate Opportunity in Brooklyn's Thriving Bushwick/East Williamsburg Border Exceptional brand new retail building constructed in 2023, strategically positioned at the dynamic intersection of Bushwick and East Williamsburg. This one-story commercial property represents a rare opportunity to acquire premium real estate in one of Brooklyn's most sought-after emerging neighborhoods. Property Highlights: - Brand new construction (2023) ensuring modern infrastructure and systems - Prime location on the Bushwick/East Williamsburg border with excellent foot traffic - Convenient transportation access enhancing customer accessibility - Retail zoning providing flexibility for various commercial uses - Seller financing available to qualified buyers Current Configuration: - Spacious interior accommodating over 80 seats - Private backyard seating area for enhanced dining experience - Rooftop seating providing additional revenue potential - High-end brick oven installation adding significant value - Fully equipped for restaurant operations with $175,000 in fixtures, furniture, and equipment Financial Performance: - Annual revenue of $1,200,000 from current tenant operations - Strong net operating income of $800,000 demonstrating excellent cash flow potential - Proven track record with established, successful local business currently operating The property benefits from its location in a rapidly gentrifying area that has attracted significant investment and development. East Williamsburg and Bushwick have become highly desirable destinations for dining and entertainment, making this an ideal investment for restaurateurs, real estate investors, or owner-operators seeking premium commercial space. This turnkey opportunity offers immediate income potential with an established tenant while providing long-term appreciation prospects in Brooklyn's dynamic real estate market. The modern construction, strategic location, and proven operational success make this a compelling investment opportunity.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$1,042 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

undefined, Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,701 SF

ZONING

M1-1

APN/PARCEL ID

03012-0027

ASK ABOUT THIS PROPERTY

Richard GambinoColdwell Banker American HomesMore Info
917-856-4413

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Richard GambinoColdwell Banker American HomesMore Info
917-856-4413

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.