Address
41 Newkirk Plaza, Brooklyn, NY
Price
$ 110,000
Property Attributes
- MLS#500857
- TypeCommercial
- Listing Status Active
- CountyKINGS
- CityBrooklyn
- AreaBrooklyn
- NeighborhoodMidwood
- Zip11226
- StyleBusiness Only
- Price$ 110,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2000
- Lot Size0.045914 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description
This is a well-established Mexican restaurant with a positive cash flow, in the Midwood section of Brooklyn - Brooklyn College area. This is an area favorite for both eat-in and take-out. It has seating for 24 people and a steady customer base for deliveries. Last year's gross income was $480,000. The present monthly gross income is approximately $40K. The monthly rent is $4,750 and there are 6 years left on the lease. Monthly payroll and utilities are about $13k and that is for 7 full and part time workers. The restaurant space is 900 sq ft. Additionally, there is a basement for storage and a back yard for extra storage. The extra-large kitchen makes it easy to accommodate take-out orders when the restaurant is crowded. There is room to bring down expenses if owner operates the business.
| Price History | |
|---|---|
| 4/25/2026 | Listed $130,000 |
| 6/26/2026 | 16$110,000 |
General Features
| Equipment Included | Everything that is currently being used to run the business |
|---|---|
| Utilities | Electric,Gas,Heat,Sewer,Water |
| Ceiling Height | 8-10 Foot |
| Roof | Flat |
| current use | Restaurant |
| Zoning | c |
| Electric | 220 V |
| Property Type | Commercial |
| Transaction Type | Sale |
| Financing | Cash |
| Building Type | Attached |
| Status | Active |
| Construction Materials | Brick |
| Cumulative Days on Market | 151 |
| MLS Area | Midwood |
| Sub Type | Business Only |
| City | Brooklyn |
| Borough | Brooklyn |
| Number Of Stores | 1 |
| DOM | 151 |
| Sale Type | Arm's Length |
| Public Remarks | This is a well-established Mexican restaurant with a positive cash flow,in the Midwood section of Brooklyn - Brooklyn College area. This is an area favorite for both eat-in and take-out. It has seat |
Interior Features
| Heating Fuel | Gas |
|---|---|
| Walls | Other |
| Flooring | Other |
| Unit Count | 1 |
| Sq Ft Total | 2000 |
| AC Units | 1 |
| Lavatories | 1 |
| Basement Amenities | Storage |
| Commercial Features Exterior | Sign - Building |
| Commercial Features Interior | Kitchen |
Exterior Features
| Potential Use | Restaurant |
|---|---|
| Foundation | Slab Concrete |
| Lot Sq Ft | 2000 |
| Loading Docks | None |
| Property Panorama YN | Yes |
| Lot Size Length | 100 |
| Lot Size Width | 20 |
| Parking Attrib | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 11226
Price
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