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Two-Unit Restaurant and Apartment
For Sale
Contact for pricing
Pending

2 Malden Street, Nassau, NY 12123

Two-unit property with an active pizza take-out business and a rented second-floor one-bedroom apartment.

Property SizeContact for details
Days on Market144

Property Features for 2 Malden Street

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 1

Building Details

Stories 2
Tenancy Multi
Listing Agency: Coldwell Banker Prime Properties West Sand Lake
Listed By: Laurie Leckonby · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 13 Last Checked: Aug 29 at 8:10PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Prime Properties West Sand Lake

Investment Insights

Based on property information with market context.

This two-unit building currently operates as an active pizza take-out business on the ground level, with a second-floor one-bedroom apartment. The property also includes an extensive package of restaurant equipment, including a pizza oven for 6 pies, fryolator, grill, steam table, slicer, dough maker/cheese grater, standard range, three upright freezers, one walk-in cooler (approximately 5 years old), and three bay kitchen sink. The apartment is heated with baseboard heat and is currently rented on a month-to-month rental agreement.

The building is located directly across from the Cumberland Farm convenience store at the main intersection in the Village of Nassau, East Greenbush.

Electrical service consists of a 200 amp service with separate boxes. The property is sold as-is.

Key Highlights

  • Two‑unit building with an active pizza take‑out business and a rented 2nd‑floor 1‑bedroom apartment
  • Building includes restaurant equipment: pizza oven for 6 pies, Qualite fryolator, grill, steam table, slicer, and dough maker/cheese grater
  • Kitchen refrigeration included: 3 upright freezers and a 5‑year‑old 1 walk‑in cooler

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency HVAC Service Auto Parts Store Big Box & Wholesale Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 77% Home Improvements & Furnishings 23%
Cumberland Farms Shops & Services
9,336 visits/mo 0.1 miles
Nassau Country Value Home Improvements & Furnishings
2,838 visits/mo 0.5 miles

Demographics for 12123, NY

5,096
Population
2,346
Households
2.2
Avg Household Size
44
Median Age
39%
College-Educated
96%
High-School Grad
31.8 sq mi
ZIP Area
160
Density / Sq Mi
$104,438
Median Household Income
$54,646
Median Earnings
$959
Median Rent
$275,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-unit property with an active pizza take-out business and a rented second-floor one-bedroom apartment.
Where is this conventional restaurant located?
The property is located at 2 Malden Street Nassau, NY.
What are key features of this property?
This property features: Two‑unit building with an active pizza take‑out business and a rented 2nd‑floor 1‑bedroom apartment; Building includes restaurant equipment: pizza oven for 6 pies, Qualite fryolator, grill, steam table, slicer, and dough maker/cheese grater; Kitchen refrigeration included: 3 upright freezers and a 5‑year‑old 1 walk‑in cooler
(518) 674-3238 Call to check price and availability
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