$428,000
Brooklyn, NY 11214
MLS# 2506928
12200 sqft
1 / 11
Property Description
Great opportunity to take over a well-established 99 cent store in the heart of Bensonhurst! This busy neighborhood location offers steady foot traffic, strong visibility, and a loyal customer base built over many years. The store generates approximately 110,000 in monthly income, making it a solid option for both experienced operators and newcomers to retail. A 3-year lease remains in place, with rent at 17,000 per month including property tax—an excellent value for this high-demand area. Beyond the existing revenue, there's significant potential to grow. New ownership can expand the product mix, introduce seasonal or specialty merchandise, add lottery or bill-payment services, or enhance online and delivery options to reach an even wider customer base. With Bensonhurst's dense population and constant pedestrian activity, there's room to increase sales through strategic marketing, improved displays, and extended hours. Don't miss this chance to step into a proven business with room to scale. Serious inquiries only.
Details
Maps
Address/Legal
Section: N/A
Country: United States
Contract/Location Information
List Price/SqFt: 35.08
CofO: Yes
List Type: Exclusive Right to Sell
Owner Finance: No
General Property Info
Business Name: Rainbow 99cent and Up
Taxes: 184031
Tax Abated: No
Total Units: 3
No. of Heating Units: 1
Air Conditioner: None
Lease: Yes
Years Remaining: 3
Monthly Rent: 17000
Public Remarks: Great opportunity to take over a well-established 99 cent store in the heart of Bensonhurst! This busy neighborhood location offers steady foot traffic, strong visibility, and a loyal customer base built over many years.
The store generates approximately 110,000 in monthly income, making it a solid option for both experienced operators and newcomers to retail. A 3-year lease remains in place, with rent at 17,000 per month including property tax—an excellent value for this high-demand area.
Beyond the existing revenue, there's significant potential to grow. New ownership can expand the product mix, introduce seasonal or specialty merchandise, add lottery or bill-payment services, or enhance online and delivery options to reach an even wider customer base. With Bensonhurst's dense population and constant pedestrian activity, there's room to increase sales through strategic marketing, improved displays, and extended hours.
Don't miss this chance to step into a proven business with room to scale. Serious inquiries only.
Year Built: 2018
Building SqFt: 12200
Business Type
Retail: 1
Sewer
City: 1
Income & Expenses
Gross Income: 110000
Net Income: 90000
Total Expense: 20000
Electric
220: 1
Heat Source
Gas: 1
Heat System
Other: 1
AddressLegal
Street No.: 2235
Street Name: 86th
Street Suffix: Street
County: Kings
State: NY
Zip Code: 11214
Area Name: Bensonhurst
Parcel ID: 06348-0059
ContractLocation Information
Status: Active
Marketing/Listing Date: 2025-12-01
List Price: $428,000
Current Price: $428,000
Sub-Type: Retail
Zoning: R4
Block: 06348
Lot: 0059
Property Features
Business Type: Retail
Electric: 220
Heat Source: Gas
Heat System: Other
Listing Courtesy of Ashford Homes LLC
Listing data provided courtesy of Staten Island Multiple Listing Service. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.