Building Details

Building Size 3,750 SF

Listing Agency: Classic Rlty Development Corp

Listed By: Gary J. DiVirgilio Show Phone

Source: Nmgproperties

Added: Aug 12, 2024 Changed: Oct 30 Last Checked: Nov 4 at 8:43AM

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Investment Insights

Based on property information with market context.

This 3,750-square-foot restaurant space on Franklin Avenue includes a pizzeria, a dining room, and a bar. The dining room was renovated, and the restaurant has a full liquor license with seating for 77 guests.

The space is in a strip center with 80 parking spaces. The restaurant has been family-owned and operated since 1976.

Key Highlights

• 3,750‑square‑foot restaurant space
• Pizzeria, renovated dining room, and bar
• 77‑seat capacity and full liquor license

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

New York Italian ... Grocery & Convenience Store Red Mango Cafe & Coffee Shop North Valley Stream ... Association / Organization Robert Damian Jewelers (Bike/Boat/Book/etc) Store Valley Stream Mortgage ... Loan Service

Suggested Use

Top Pick Law Firm Dental Office Restaurant Parking Lot & Garage Spa & Massage Center Gym & Fitness 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.

Location Intelligence

Trade Area within ½ mile

862

Businesses Nearby

132k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 60% Shops & Services 37% Beauty & Spa 3%

McDonald's Dining

29,379 visits/mo 0.4 miles

Starbucks Dining

22,834 visits/mo 0.2 miles

Valero Energy Shops & Services

16,222 visits/mo 0.1 miles

Dunkin' Donuts Dining

11,253 visits/mo 0.3 miles

7-Eleven Shops & Services

10,445 visits/mo 0.4 miles

Demographics for 11010, NY

25,013

Population

8,577

Households

2.9

Avg Household Size

44

Median Age

40%

College-Educated

91%

High-School Grad

2.4 sq mi

ZIP Area

10,422

Density / Sq Mi

$140,686

Median Household Income

$58,584

Median Earnings

$2,096

Median Rent

$647,300

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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Street-Front Storefront

Franklin Square, NY 11010

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10,995 SF

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - A pizzeria and dining room are complemented by a bar and full liquor license.

Where is this conventional restaurant located?

The property is located at 721 Franklin Avenue Unit D E Franklin Square, NY.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: 3,750‑square‑foot restaurant space; Pizzeria, renovated dining room, and bar; 77‑seat capacity and full liquor license