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$159,000 Just Listed
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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!
Full Property Details
Full Property Details for 124 Irving Ave
General
- Price: $159,000
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 3589912
- Updated: 11/7/2024
- Added to Site: 6 day(s) ago
Business
- Name: Tipsy Bean Cafe & Bar
- Business Type: Grocery, Mixed
- Years in Business: 2
Location
- County: Brooklyn
- Township: Brooklyn
- Cross Streets: Hart Street
- Driving Directions: Google Map
Structural Information
- Detached/Attached: Detached
- Square Feet: 750
- Current Bldg. Use: Commercial
Listed by Prime America Real Estate Inc
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Schools
Schools serving 124 Irving Ave
School District:New York City Geographic District #32
Rating | Name | Grades | Distance |
---|---|---|---|
100 Irving Ave, Brooklyn, NY 11237 | PK-5 | 0.1 mi | |
1390 Willoughby Ave, Brooklyn, NY 11237 | 6-8 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 124 Irving Ave
Date
Details
Price
Change
Source
11/07/2024
Listed
$159,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 124 Irving Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,304
8%
$595,350
8%
2023
$14,175
10%
$552,150
-1%
2022
$12,885
8%
$560,250
-8%
2021
$11,930
-2%
$610,200
13%
2020
$12,131
3%
$538,920
—
2019
$11,745
14%
$538,920
518%
2017
$10,276
—
$87,217
8%
2017
$10,276
7%
$80,796
8%
2016
$9,645
—
$74,812
—
2015
$9,638
4%
$74,812
3%
2015
$9,312
12%
$72,436
8%
2013
$8,349
—
$67,090
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 124 Irving Ave
124 Irving Avenue, Brooklyn, NY 11237 (MLS# 3589912) is a Business property. 124 Irving Avenue is currently listed for $159,000 and was received on November 07, 2024. Want to learn more about 124 Irving Avenue? Do you have questions about finding other Business real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.