Courtesy: All Island Estates Realty Corp
516-783-5600
Calling All Investors, Developers, End-Users & Restauranteurs!!! 2,200+ Sqft. Free Standing Restaurant/Bar On A 8,000+ Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 9’ Ceilings, 20 Parking Spaces In A Private Parking Lot, Restaurant (484.14) Zoning, Sprinklers, 6 Seats At The Bar, 40 Indoor Seats, 40 Outdoor Seats, 200 Amp Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. & Has Been Home To A Successful Business For 50+ Years!!! The Property Has 81’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! This Property Can Also Be Leased Annually For Only $84k NNN!!! This Successful Business Can Also Be Bought For Only $200k!!! Income: Restaurant: $84,000 Ann. NNN (Available) Pro Forma Gross Income: $84,000 Ann. Expenses: Taxes: $23,535.15 Ann.
Courtesy: All Island Estates Realty Corp
516-783-5600
Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option. Gross Income: $72,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,300 Ann. Maintenance & Repairs: $250 Ann. Water: $0 Ann. Taxes: $13,354.87 Ann. Total Expenses: $15,904.87 Ann. Net Operating Income (NOI): $56,095.13 Ann. (7.02% Cap!!!)
Island Park is located in New York. Island Park, New York has a population of 4,901. Island Park is less family-centric than the surrounding county with 26.2% of the households containing married families with children. The county average for households married with children is 35.86%.
The median household income in Island Park, New York is $84,183. The median household income for the surrounding county is $126,576 compared to the national median of $69,021. The median age of people living in Island Park is 39.9 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 44.6 inches per year, with 23 inches of snow per year.
