For Sale
$300,000

150 Nassau AveBrooklyn, NY 11222

Established Liquor & Wine Store, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
98
This thriving liquor and wine store, located in the vibrant Greenpoint neighborhood of Brooklyn, New York, presents a unique investment opportunity. Established in 1991 and family-owned for over 30 years, this business boasts a strong track record and loyal customer base. The store occupies a prime location with excellent foot traffic, further enhanced by recent residential developments in the area, ensuring continued growth potential. The spacious 1030 square foot showroom provides ample space for product display, complemented by a 650 square foot basement offering valuable storage capacity. The current lease offers a flexible 10-year term, providing long-term stability. The store's product range includes liquor, wine, and lottery tickets, providing diverse revenue streams. While primarily a retail operation, there's significant potential to increase revenue through the addition of delivery services. The property is situated at 150 Nassau Ave, Brooklyn, NY 11222, in Kings County. The store underwent renovations in 2013. This turnkey business is priced at $300,000 and offers immediate income generation. The asking price reflects the established nature of the business, its prime location, and the significant growth potential within the rapidly developing Greenpoint community. This is an exceptional opportunity for a savvy investor seeking a profitable and established business in a high-demand market.

Highlights

  • $300,000 asking price for a well-established liquor and wine store.
  • 1,680 square feet (1030 sq ft showroom + 650 sq ft basement storage) in Greenpoint, Brooklyn.
  • Located in a high-traffic area with strong growth potential.
  • 10-year lease term with flexibility.
  • Established in 1991, family-owned, selling liquor, wine, and lottery tickets.

Property Details for 150 Nassau Ave

Property type
Investment properties
Year Renovated
2013

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.7248584
Longitude
-73.9470647
150 Nassau Ave, Brooklyn, New York

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150 Nassau Ave
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