Restaurant with Walk-In
New
For Sale
$200,000
263B Meacham Ave, Elmont, NY 11003
An operating restaurant includes kitchen equipment, inventory, and a dedicated backyard area covered by the lease.
Property Size1,534 SF
Price / SF$166.67
Days on Market2
Property Features for 263B Meacham Ave
General Information
Standard status
Active
Size
1,534 SF
Property subtype
Commercial
Financials
Asking Price
$200,000
Business Included
Yes
Restaurant
Commercial Hood
Yes
Patio
Yes
Equipment Included
Yes
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$14,101
Building Details
Building Size
1,534 SF
Year Built
1961
Listing Agency:
Kingssland Properties
Listed By:
Sergey M. Babayev · License #10301223235
(646) 267-3979
Source:
Elliman
Added: Oct 23
Last Checked: Oct 23 at 6:01AM
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 Kingssland Properties
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Investment Insights
Based on property information with market context.
The restaurant occupies 1,200 square feet in Elmont and is currently operating 12 hours per day. The sale includes the existing equipment and current inventory. Kitchen features include a 60-foot hood, a walk-in cooler, a walk-in freezer, and two chest freezers. A dedicated backyard area is included in the lease.
The property is located at 263B Meacham Avenue, Elmont, NY 11003. The building dates to 1961.
The property is located at 263B Meacham Avenue, Elmont, NY 11003. The building dates to 1961.
Key Highlights
- 1,200 SF restaurant space in Elmont
- Includes existing equipment and current inventory
- 60 ft. hood installation
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
101k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 54%
Apparel 32%
Shops & Services 11%
Dining 3%
Stop & Shop
Groceries
54,275 visits/mo
0.5 miles
T.J. Maxx
Apparel
32,517 visits/mo
0.5 miles
Sunoco
Shops & Services
6,974 visits/mo
0.5 miles
Carvel Ice Cream
Dining
3,368 visits/mo
0.5 miles
Mavis Discount Tire
Shops & Services
2,424 visits/mo
0.5 miles
Demographics for 11003, NY
43,979
Population
12,641
Households
3.5
Avg Household Size
40
Median Age
33%
College-Educated
87%
High-School Grad
4.1 sq mi
ZIP Area
10,727
Density / Sq Mi
$123,000
Median Household Income
$53,302
Median Earnings
$2,315
Median Rent
$576,500
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An operating restaurant includes kitchen equipment, inventory, and a dedicated backyard area covered by the lease.
Where is this conventional restaurant located?
The property is located at 263B Meacham Ave Elmont, 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: 1,200 SF restaurant space in Elmont; Includes existing equipment and current inventory; 60 ft. hood installation
