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$ 68,000
Est. payment /mo
Price Dropped by $32K
1214 Avenue M Brooklyn, NY 11230
1,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Only
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $42
MLS Listing ID 493353
Property Sub-Type Business Only
Property Description
A newly listed nail salon business located on Avenue M in the heart of Brooklyn's Midwood commercial district is now available for sale. The space includes approximately 800 square feet on the ground floor and an additional 800 square feet in the basement. Featuring stylish interior renovations completed with a $150,000 investment six years ago, the salon is fully equipped with all existing equipment, five manicure stations, four pedicure chairs, and a front desk—everything needed to begin operations immediately. The current rent is just $4,000 per month, and the business generates an impressive net income of approximately $100,000 per year. The location offers excellent visibility and accessibility, with the Q subway line and B9 and B68 bus stops nearby. This is a turnkey opportunity for an investor or experienced operator looking to step into a profitable, established business.
Location
State NY
County Kings (brooklyn)
Area Midwood
Zoning R7A, C2-3
Rooms
Basement Cellar
Interior
Interior Features Restrooms - Staff, Other
Equipment All furniture and nail materials.
Exterior
Roof Type Other
Present Use Retail
Building
Foundation Other
Others
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by Fang Fang Realty Inc