Courtesy: RE/MAX Southshore Realty
718-276-4848
Excellent opportunity to purchase a commercial property together with established dining and take out restaurant business! The property features dedicated on-site parking and a convenient location with strong visibility and accessibility! Restaurant features dining space suitable for dine-in, a bar & functional Kitchen! Also, there's an existing setup for take-out service, designed for an efficient food-service operation! Suitable for an experienced restaurant operator or buyer looking for an established commercial income opportunity. Sale also includes all equipment and furniture. Full basement offer's extra storage with an Outside Separate Entrance! R3-2 Zoning! Perfect for any investor! Lots of potential! Just one block from the LIRR and minutes away from the Green Acres shopping Mall and JFK airport!
Courtesy: Chase Global Realty Corp
718-355-8788
Prime corner commercial investment property for sale in one of Rosedale’s busiest retail corridors. Located next to McDonald’s, just minutes from Long Island and within walking distance to the Rosedale LIRR Station, this highly visible corner building benefits from strong pedestrian and vehicle traffic, excellent exposure, and a mature commercial environment. The property offers stable cash flow with an estimated 6%+ cap rate. Current rental income is approximately $3,900/month under a NNN lease. Annual property taxes are approximately $13,000, paid by the tenant, and the tenant also pays the water bill. The same tenant has occupied the property for approximately 19 years, with about one year remaining on the current lease and expected renewal. Property features include an approximate 19’ x 73’ building size on an approximate 24’ x 93’ lot, Zoning R2A, C1-3, natural gas, central HVAC, and no basement. Tenant currently operates a popular restaurant and bar with liquor license, featuring quality interior improvements, including professional soundproofing and vibration insulation. Owner pays approximately $4,700/year for insurance. Recent roof waterproofing has been completed, and owner responsibility is mainly limited to roof-related maintenance. An excellent opportunity for investors seeking a prime corner commercial asset with a long-term established tenant, NNN lease structure, stable income, and strong long-term upside. Buyer to verify all information independently.
Rosedale is located in New York.
