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  • Bushwick NY, 11237

    $159,000

    Mixed Use Commercial, Sq. Ft. 750  

    ML# :3589912   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!, Additional information: Business Located At:124 Irving Avenue, Bushwick, NY, fix equip:41300, Leasehold Improvements:86976

    124 Irving Avenue, Bushwick, NY, 11237

    Call Today: (718) 227-7777, or  Email: Asking Price Realty Inc.
    Presented by: Prime America Real Estate Inc  347-725-3142
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than Asking Price Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.