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    375 Beach 92Nd St Rockaway Beach, NY 11693

    For Sale
    $1,900,000

    Turnkey restaurant with waterfront views and income-generating track record.

    Property size:
    9,176 SF
    Lot size:
    0.14 Acres

    Property Features for 375 Beach 92Nd St

    General Information

    Size
    9,176 SF
    Lot size
    0.14 Acres

    Source: RE/Max Elite Agent Fon Tongsomboon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Restaurant Investment Opportunity

    This commercial property is located on the Jamaica Bay shoreline in Rockaway Beach. The property is currently configured as a long-established restaurant, one of the busiest in the Rockaway Peninsula, with a proven income-generating track record. The fully-equipped kitchen includes multiple walk-ins, refrigeration units, hooding, ventilation, and multiple cooking stations. An outdoor deck and waterfront view enhance the dining experience. The property offers pier access to the bay, opening up possibilities for water activity-related businesses. A lease is in place for a jet ski business, providing extra income. A solar generator is in place. An upstairs unit has been renovated. The property is located in the heart of the busiest area in Rockaway Beach and is near transportation hubs. The property size is 9176 square feet. The restaurant is a destination for food, entertainment, and a hangout spot for both locals and tourists, ensuring year-round profitability. The property is adaptable to suit any culinary style, making your restaurant vision come to life.
    Insight Report Location Intelligence

    Current Use by Public Records

    Rockaway Jet Ski Water Sports Equipment Rental Service Jetty Jumpers Water Sports Equipment Rental Service Thai Rock Thai Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockaway Beach
    County
    Queens
    State
    New York
    Longitude
    -73.816999
    Latitude
    40.588583

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    FAQs

    What type of property is this?
    Restaurant - Turnkey restaurant with waterfront views and income-generating track record.
    Where is this restaurant located?
    The property is located at 375 Beach 92Nd St Rockaway Beach, NY.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Prime waterfront location in the heart of Rockaway Beach, a high-traffic tourist area.; - Fully-equipped, turnkey restaurant with a proven income-generating track record and established reputation.; - Adaptable commercial space suitable for various culinary concepts or development opportunities.
    (347) 640-3560
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    375 Beach 92Nd St Rockaway Beach, NY 11693
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    Rockaway Beach, NY 11693
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    375 Beach 92Nd St Rockaway Beach, NY 11693
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