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$1,499,999 Just Listed
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Property Description
Opportunity to own a profitable and fully operating Luxurious Asian Fusion Fine Dine Restaurant with Premier Party Halls located right on Liberty Ave at the Queens/Brooklyn border! Established at a excellent corner property since 2024, the 1st fl features a 50 seats Dine-in Restaurant serving Halal South Asian Cuisine and an event hall with 190 seating. The Basement has the 2nd hall with 150 seating along with a separate entrance and kitchen storage area. Central Heating and Cooling, 3 separate Restrooms, modern Lighting and Sound system. Selling as is with inventory, equipments and fixtures. Current rent $16,000, paying for electricity and gas only; 15years existing lease with 5 years option available. Great Visibility, Heavy foot Traffic, close to Buses, A Train, Shops and Supermarkets. Don't Miss Out!
Full Property Details
Full Property Details for 1193 Liberty Ave
General
- Price: $1,499,999
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 1055152
- Updated: 9/28/2026
- Added to Site: 5 day(s) ago
Business
- Name: Labonno Fine Dining & Party Hall
- Business Type: Restaurant
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished, Full Basement, See Remarks
- Entry Floor Number: 1
- Building Size: 3300
- Square Feet: 3,300
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.0469
- Lot Size (Sq. Ft.): 2,043
- Zoning: R5
Disclosures and Reports
- Special Conditions: None
- Property ID: 04184-0001
Listed by Exit Realty Prime
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Schools
Schools serving 1193 Liberty Ave
School District:New York City Geographic School District 19
| Name | Grades | Distance |
|---|---|---|
Ps 214 Michael Friedsam 2944 Pitkin Avenue, Brooklyn, NY 11208 | PK-5 | 0.2 mi |
Jhs 218 James P Sinnott 370 Fountain Avenue, Brooklyn, NY 11208 | 6-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1193 Liberty Ave
Date
Details
Price
Change
Source
9/24/2026
Listed
$1,499,999
—
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 1193 Liberty Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,091
—
$52,920
75%
2025
$6,091
—
$30,326
-32%
2024
$6,091
5%
$44,580
-13%
2023
$5,796
1%
$51,300
13%
2022
$5,767
-49%
$45,360
10%
2021
$11,275
111%
$41,400
6%
2020
$5,349
—
$38,940
—
2019
$5,349
11%
$38,940
62%
2017
$4,823
—
$24,048
2%
2017
$4,823
8%
$23,662
6%
2016
$4,463
8%
$22,323
6%
2015
$4,118
7%
$21,060
—
2014
$3,846
7%
$21,060
5%
2013
$3,605
—
$20,040
—
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 1193 Liberty Ave
1193 Liberty Avenue, Brooklyn, NY 11208 (MLS# 1055152) is a Business property. 1193 Liberty Avenue is currently listed for $1,499,999 and was received on September 24, 2026. Want to learn more about 1193 Liberty 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.

