About 41 Newkirk
This is a well-established Mexican restaurant with a positive cash flow, in the Midwood section of Brooklyn - Brooklyn College area. This is an area favorite for both eat-in and take-out. It has seating for 24 people and a steady customer base for deliveries. Last year's gross income was $480,000. The present monthly gross income is approximately $40K. The monthly rent is $4,750 and there are 6 years left on the lease. Monthly payroll and utilities are about $13k and that is for 7 full and part time workers. The restaurant space is 900 sq ft. Additionally, there is a basement for storage and a back yard for extra storage. The extra-large kitchen makes it easy to accommodate take-out orders when the restaurant is crowded. There is room to bring down expenses if owner operates the business.
Features of 41 Newkirk
| MLS® # | 500857 |
|---|---|
| Price | $110,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,000 |
| Type | Commercial |
| Sub-Type | Business Only |
| Status | Active |
Community Information
| Address | 41 Newkirk |
|---|---|
| Area | Midwood |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11226 |
Amenities
| Utilities | Electric, Gas, Heat, Sewer, Water |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Other |
|---|---|
| Interior Features | Kitchen |
| Heating | Steam/Radiator |
| Fireplace | No |
| Basement | Storage |
Exterior
| Exterior Features | Sign - Building |
|---|---|
| Roof | Flat |
| Construction | Brick |
| Foundation | Slab Concrete |
Additional Information
| Date Listed | April 25th, 2026 |
|---|---|
| Days on Market | 142 |
| Zoning | c |