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$350,000 Just Listed
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Property Description
Prime restaurant business opportunity located at Brooklyn (Greenpoint) in a high-traffic commercial corridor just steps from the subway. This newly renovated space features approximately 1,100 sq ft on the ground floor plus an additional 800 sq ft basement, offering ample room for dining, storage, and food preparation. The restaurant is fully equipped with a complete commercial kitchen, including a professionally installed ventilation (exhaust) system. The spacious basement provides excellent storage capacity and includes a walk-in freezer and multiple brand-new refrigerators. The space also features a large bar counter, with liquor license currently in application. Located in a vibrant neighborhood surrounded by office buildings and strong commuter traffic, the business benefits from steady takeout and delivery orders and excellent street exposure. Lease terms: 5 years remaining with an additional 5-year renewal option. An excellent opportunity for operators or investors seeking a turnkey restaurant in a thriving Brooklyn location.
Full Property Details
Full Property Details for 988 Manhattan Ave
General
- Price: $350,000
- Taxes: $22,613
- Status: Active
- Type: Business
- Source: Long_Island
- MLS ID: 970429
- Updated: 3/16/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Restaurant
Location
- County: Kings (Brooklyn)
Structural Information
- Detached/Attached: Detached
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 1100
- Square Feet: 1,100
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0244
- Lot Size (Sq. Ft.): 1,065
- Zoning: R7A
Financial Considerations
- Tax Amount: $22,613.68
Disclosures and Reports
- Special Conditions: None
- Property ID: 02533-0065
Listed by Chase Global Realty Corp
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Schools
Schools serving 988 Manhattan Ave
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
Ps 31 Samuel F Dupont 75 Meserole Avenue, Brooklyn, NY 11222 | PK-5 | 0.4 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 988 Manhattan Ave
Date
Details
Price
Change
Source
3/16/2026
Listed
$350,000
—
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 988 Manhattan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,258
10%
$206,820
9%
2024
$20,162
3%
$190,350
3%
2023
$19,542
-22%
$184,500
-21%
2022
$24,912
-44%
$234,000
12%
2021
$44,562
67%
$208,350
-25%
2020
$26,752
9%
$277,650
-1%
2019
$24,637
26%
$279,900
9%
2017
$19,587
—
$257,850
10%
2017
$19,587
9%
$234,000
6%
2016
$18,043
7%
$220,050
24%
2015
$16,811
14%
$177,300
29%
2015
$14,712
17%
$137,700
-15%
2013
$12,526
—
$162,443
—
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 988 Manhattan Ave
988 Manhattan Avenue, Brooklyn, NY 11222 (MLS# 970429) is a Business property. 988 Manhattan Avenue is currently listed for $350,000 and was received on March 16, 2026. Want to learn more about 988 Manhattan 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.

