41 Newkirk Plaza, Brooklyn, NY 11226
Kings County
Key Facts
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 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.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Living Area
2,000 sq ft
Lot Size
0.05 acres
Lot Dimensions
100 x 20
Zoning
c
Days on Market
62
MLS® Listing#
500857
Property Features
Heating
Flooring
Parking
Construction
Foundation
Roof
Utilities
Affordability Calculator
$22,000
Estimated monthly payment
$585/mo
Principal $88,000 · Est. interest $122,768 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $991,912
- Median Listing Price
- 83
- Median Days on Market
- 1,640
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,891
- Active Listings
- This home’s price is 89% below the area median.
- Its price per sq ft is 90% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
Points of Interest in Brooklyn, NY
Showing the Brooklyn area map.
Nearby Schools
PS 217
Elementary · 0.2 mi away
Sideways School
School · 0.2 mi away
PS 152 Annex
Elementary · 0.3 mi away
Brooklyn Seventh-Day Adventist Church
School · 0.4 mi away
Yeshiva Bonim Lamokom
School · 0.4 mi away
Yeshiva Torah Vodaath
School · 0.4 mi away
Brooklyn Dreams Charter School
Elementary · 0.4 mi away
Elemental Arts Montessori
Elementary · 0.4 mi away
P. S. 139 Alexine A. Fenty
Elementary · 0.4 mi away
P. S 152 School of Science & Technology
Elementary · 0.5 mi away
P. S. 315 the School of Performing Arts
Elementary · 0.5 mi away
Yeshiva Torah Temimah
School · 0.5 mi away
City of New York
Secondary · 0.5 mi away
I. S. 062 Ditmas
Secondary · 0.5 mi away
Hebrew Institute for the Deaf & Exceptional Children
Elementary · 0.5 mi away
Hidec
School · 0.5 mi away
Cortelyou Early Childhood Center
School · 0.5 mi away
Mevakshei Hashem
School · 0.5 mi away
Midwood Montessori
Elementary · 0.5 mi away
Yeshiva Rabbi Chaim Berlin
School · 0.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 54 7th Avenue, Brooklyn, NY | $80,000 | — | — | 4,532 |
| 2112 Flatbush Avenue, Brooklyn, NY | $80,000 | — | — | 1,080 |
| 4522 5th Avenue, Brooklyn, NY | $80,000 | — | — | 603 |
| 5122 9th Avenue, Brooklyn, NY | $80,000 | — | — | 1,400 |
| Withheld Withheld Bay, Brooklyn, NY | $85,000 | — | — | 1,269 |
| 7212 20th Avenue, Brooklyn, NY | $90,000 | — | — | 1,280 |
Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: Empire State Realty Group - 6469324442
Fair Housing NoticeLast Updated: 2026-04-25