$110,000
41 A Newkirk Plaza Brookl Plaza Plz
Brooklyn, NY 11226
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Listing narrative
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 take-out. It has seating for 24 people and a steady costumer 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 the lease has six years left. 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 backyard for extra storage space. 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.
Property Details
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Price
$110,000
Beds
Beds n/a
Type
House
Home Size
Sqft n/a
Baths
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Year
Year n/a
Status
For Sale
Days on Market
174
Verified property data
Value, tax & last recorded sale
Estimated home value
Not available
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Public records are available on the full property page.
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Full MLS property history
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Courtesy of Empire State Realty Group NY




