Bushwick, NY 11237,124 Irving AVE
Bushwick, NY 11237,124 Irving AVE
Bushwick, NY 11237,124 Irving AVE
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$159,000
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124 Irving AVE Bushwick, NY 11237

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UPDATED:

12/04/2024 06:51 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3589912

Originating Board onekey2

Rental Info No

Property Description

Charming Turn-Key Coffee Cafe and Bar in Bushwick! Step into a golden opportunity with this meticulously designed Coffee Cafe and Cocktail Bar, nestled in the heart of the vibrant and trendy Bushwick neighborhood in NY. This establishment isn't just a business; it's an experience crafted with expertise and care. With 750 sqft of interior space, a secure 6-year lease with an option to renew, and a manageable monthly rent of $3,713.15, this cafe boasts high-quality fixtures and furnishings valued at $41,300, and quality construction investments of $86,976. Located in a prime spot with excellent visibility and foot traffic, it generates an annual gross income of $180,000 and a net income of $120,000, demonstrating substantial profitability. The business has significant growth potential with full-time operations, and comprehensive startup expenses of $153,105 have been meticulously covered to ensure a seamless transition for new owners. Valued at $71,095 for its goodwill and market potential, this business is offered at $159,000, presenting a commercially sound investment that promises financial rewards and the joy of running a beloved local hotspot. Secure your future in the heart of Bushwick today!, Additional information: Business Located At:124 Irving Avenue, Bushwick, NY,fix equip:41300,Leasehold Improvements:86976

Location

State NY

County Kings (brooklyn)

Interior

Heating ENERGY STAR Qualified Equipment, Hot Water, Natural Gas

Fireplace No

Exterior

View City

Private Pool No

Building

Sewer Public Sewer

Others

Special Listing Condition None


Listed by Prime America Real Estate Inc

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Felicha Rosado

Agent | License ID: 10401354487

+1(631) 578-4307

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124 Irving AVE