41 A Newkirk Plaza Brookl Plaza, Brooklyn, NY 11226
- $110,000
- List Price
- $110,000
- Price Change
- ▼ $20,000 1782512593
- Days on Market
- 95
- MLS#
- 990678
- Status
- ACTIVE
- Neighborhood
- Brooklyn
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 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.
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Listing courtesy of Listing Agent: Aldo Iemma (EmpireState88@yahoo.com) from Listing Office: Empire State Realty Group NY.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.