Turnkey Restaurant with Established
1368 Forest Avenue Staten Island, NY 10302
1368 Forest Avenue, Staten Island, NY, 10302
Contact for pricing
For Sale
Contact for pricing
Fully equipped restaurant sale includes the La Casa del Taco name for immediate operation, as described.
Property Size600 SF
Price / SF$333.33
Days on Market195
Property Features for 1368 Forest Avenue
General Information
- Standard status
- Active
- Size
- 600 SF
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 2022
Listing agency
Plaza Island Properties, LLC
Listed by
Priya Wickramanayake · License #40WI0945807
Source
Crexi
Added: Jan 8 Updated: Jul 20 at 11:16PM Checked: Jul 21 at 9:22AM
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 Plaza Island Properties, LLC
Investment Insights
Based on property information with market context.
This turnkey restaurant opportunity is presented as the ownership of La Casa del Taco, an established operation that has served the community for over 5 years. The property is described as fully equipped and ready for immediate operation, with the well-established business name included in the sale.
Located at 1368 Forest Avenue on Staten Island, the restaurant is marketed as a highly visible site on a busy main road with both foot and vehicle traffic, intended to support steady daily business.
Based on the information provided, the asset is positioned for a straightforward transition into operation, with continuity maintained through the included brand and established customer base referenced in the remarks.
Located at 1368 Forest Avenue on Staten Island, the restaurant is marketed as a highly visible site on a busy main road with both foot and vehicle traffic, intended to support steady daily business.
Based on the information provided, the asset is positioned for a straightforward transition into operation, with continuity maintained through the included brand and established customer base referenced in the remarks.
Key Highlights
- Year built: 2022
- Fully equipped restaurant sale for immediate operation, as described
- Sale includes the La Casa del Taco name
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.9k | $34.80 |
| − Vacancy | −$1.6k | −$2.61 |
| EGI | $19.3k | $32.19 |
| − OpEx | −$4.8k | −$8.05 |
| NOI | $14.5k | $24.14 |
600 SF · lease $34.80/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$206.9K
$181.1K – $241.4K
NOI $14,486 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286.3K
$250.5K – $334.0K
NOI $20,040 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Learn & Discover Playschool
Daycare Center
La Casa Del ...
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Fully equipped restaurant sale includes the La Casa del Taco name for immediate operation, as described.
Where is this conventional restaurant located?
The property is located at 1368 Forest Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Year built: 2022; Fully equipped restaurant sale for immediate operation, as described; Sale includes the La Casa del Taco name