Address
1222 Avenue U, Brooklyn, NY
Price
$ 480,000
Property Attributes
  • MLS#501337
  • TypeCommercial
  • Listing Status Active
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodSheepshead Bay
  • Zip11229
  • StyleBusiness Only
  • Year Built1927
  • Price$ 480,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1000
  • Lot Size0.045914 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

Excellent opportunity to own a well-established pharmacy business located in the busy Sheepshead Bay area near Avenue U. This profitable business generates approximately $2,040,000 in annual gross income. The store features approximately 1,000 sq. ft. of well-maintained retail space with a strong customer base and steady foot traffic. Monthly rent is only $5,245, with 5 years remaining on the lease, providing stability for the new owner. Inventory is included in the sale, making this a true turnkey opportunity for pharmacists, investors, or business owners looking to expand. Prime location surrounded by residential and commercial activity, with excellent visibility and convenient access to public transportation. Don’t miss this rare chance to own a successful pharmacy business in one of Brooklyn’s most desirable neighborhoods!

Price History
5/12/2026 Listed $480,000

General Features

Equipment Included Inventory is included in the sale,making this a true turnkey opportunity for pharmacists,investors,or business owners looking to expand.
Ceiling Height 11-15 Foot
Roof Other
current use Health Care
Zoning R5
Stories Count 3
Property Type Commercial
Block 7344
Lot Number 7
Transaction Type Sale
Insurance Expense 7181.00
Utility Expense 800.00
Gross Expense 8691.00
Financing Bank Mortgage,Cash
Building Type Attached
Gross Income 2040000
Status Active
Construction Materials Brick
Cumulative Days on Market 134
MLS Area Sheepshead Bay
Sub Type Business Only
Year Built 1927
City Brooklyn
Borough Brooklyn
Number Of Stores 1
DOM 134
Sale Type Arm's Length
Public Remarks Excellent opportunity to own a well-established pharmacy business located in the busy Sheepshead Bay area near Avenue U. This profitable business generates approximately $2,040,000 in annual gross in

Interior Features

Walls Block
Unit Count 1
Sq Ft Total 1000
Lavatories None
Basement Amenities Finished,Full
Commercial Features Exterior Doors - 10 ft and under
Commercial Features Interior Other

Exterior Features

Potential Use Health Care
Foundation Other
Lot Sq Ft 2000
Loading Docks None
Building Length 50.00
Building Width 20.00
Property Panorama YN Yes
Lot Size Length 100
Lot Size Width 20

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 11229

Price
AVG $660K
$480K
Year Built
AVG 1940
1927
Visits
AVG 110
67
Data Provided by Inside Real Estate®
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