2,000 sqft

$110,000

41 Newkirk Plaza, Brooklyn NY, 11226

Price per sqft$55.00

Property size2,000 sqft

Property typeCommercial

Overview

Active

Listed Apr 25, 2026

Updated 3 weeks ago

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.

Additional information

MLS^® ID: 500857

Interior Features

Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.05 Acres

Listed by Aldo Iemma with Empire State Realty Group
Listing Contact: 6469324442

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