Williamsburg Supermarket

Summary

We are pleased to present this well-established supermarket ideally located in Williamsburg neighborhood of Brooklyn, NY.  Value add opportunities are abound as a multitude of large residential development projects, including One Domino Square, are within blocks of the supermarket.  Being a trusted community staple for healthy living and quality products for over 12-years, it is no wonder this supermarket has cultivated a loyal customer base.  With over $8 million in gross sales in 2024, the supermarket currently demonstrates a steady and robust business.

Details

✓ Under Market Lease
✓ 2-Years Remaining w/ 2, 5-Year Renewal Options
✓ 2024 Gross Sales: +/-$8 million 
✓ Annual Base Rent: $575,000
✓ +/-15,192 SF on the Ground Floor
✓ +/-5,749 SF of Mezzanine & Loading Area
✓ An Additional +/-3,360 SF along Broadway is Available
✓ Neighborhood: Williamsburg
✓ Location: NE Corner of Broadway and Kent Avenue
✓ Private Covered Parking for Customers

Data Room

For access to the data room with complete financial and sales information, please complete the NDA found in the Download section of this listing and return to [email protected].

Transportation

✓ Bedford Avenue L-Train
✓ Marcy Avenue J, M, and Z Trains
✓ Williamsburg Bridge
✓ South Williamsburg Ferry

DISCLAIMER

The seller is a Chapter 11 Debtor-In-Possession whose matter is currently pending in the U.S. Bankruptcy Court for the Eastern District of New York.  All information provided by MYC & Associates, Inc. is from public documents or third-party sources, is not guaranteed and should be independently verified. The information herein is subject to errors and omissions. The assets for sale may be sold or withdrawn from the market without notice. MYC & Associates, Inc. does not represent or warrant the accuracy, authenticity, or completeness of any information and is not liable for any reliance thereon.