Mixed-Use Building with Parking
For Sale
$1,400,000
252 BROADWAY, Rocky Point, NY 11778
Four-unit mixed-use building with restaurant/bar, apartments, high ceilings, and 32 parking spaces on two frontages.
Property Size9,707 SF
Price / SF$144.23
Days on Market377
Property Features for 252 BROADWAY
General Information
Standard status
Active
Size
9,707 SF
Total Parking Spaces
32
Property subtype
Mixed Use
Zoning
J-2
Additional Details
Cap Rate
12.55%
Road Access
Yes
Clear Height
9 ft
Multifamily Units
2
Amenities
Central Air
3
32 Parking Spaces.
Listing Agency:
All Island Estates Realty Corp
(516) 783-5600
Listed By:
Richard Matt Shane · License #10301216230
(516) 279-8828
Source:
Xome
Added: Aug 26, 2025
Changed: Sep 5
Last Checked: Sep 6 at 6:04AM
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 All Island Estates Realty Corp
Investment Insights
Based on property information with market context.
This four-unit mixed-use property includes a bar/restaurant space totaling 3,600 square feet plus 1,000 square feet in the basement, along with a Greek restaurant and two residential units. The building features high 9' ceilings, CAC, new LED lighting, and 200 amp power, with four lots and J-2 zoning. Parking is a key feature with 32 spaces on-site.
The property has 65' of frontage on Broadway and 100' of frontage on Eagle Road. The bar/restaurant has a lease expiration of 3/1/2035, while the Greek restaurant lease expires in 2031. A studio apartment is available.
Stated annual income includes $106,800 from the bar/restaurant, $22,800 from the Greek restaurant, $24,000 from the 1-bedroom apartment, $21,600 from the available studio apartment, and $24,000 from the parking lot/yard. The pro forma gross income is $227,800 with pro forma expenses and NOI of $196,101.21.
The property has 65' of frontage on Broadway and 100' of frontage on Eagle Road. The bar/restaurant has a lease expiration of 3/1/2035, while the Greek restaurant lease expires in 2031. A studio apartment is available.
Stated annual income includes $106,800 from the bar/restaurant, $22,800 from the Greek restaurant, $24,000 from the 1-bedroom apartment, $21,600 from the available studio apartment, and $24,000 from the parking lot/yard. The pro forma gross income is $227,800 with pro forma expenses and NOI of $196,101.21.
Key Highlights
- 4‑unit mixed‑use building with bar/restaurant and apartments plus 32 parking spaces
- Multiple retail/restaurant spaces: Bar/Restaurant 3,600+1,000 SF LL leased through 3/1/2035 at $106,800/year
- Additional leases include Greek Restaurant 1,307 SF at $22,800/year through 2031, plus apartment rents of $24,000/year (1BR) and $21,600/year (M‑M studio, available)
Property Analytics
Property Profile
Current Use
Lease Details
9 ft
Clear height
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 11778, NY
12,449
Population
5,028
Households
2.5
Avg Household Size
40
Median Age
40%
College-Educated
96%
High-School Grad
6.7 sq mi
ZIP Area
1,858
Density / Sq Mi
$119,656
Median Household Income
$65,379
Median Earnings
$1,948
Median Rent
$410,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Four-unit mixed-use building with restaurant/bar, apartments, high ceilings, and 32 parking spaces on two frontages.
Where is this bar & pub located?
The property is located at 252 BROADWAY Rocky Point, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 4‑unit mixed‑use building with bar/restaurant and apartments plus 32 parking spaces; Multiple retail/restaurant spaces: Bar/Restaurant 3,600+1,000 SF LL leased through 3/1/2035 at $106,800/year; Additional leases include Greek Restaurant 1,307 SF at $22,800/year through 2031, plus apartment rents of $24,000/year (1BR) and $21,600/year (M‑M studio, available)
