Diner Restaurant with
267 Burnside Ave Lawrence, NY 11559
267 Burnside Ave, Lawrence, NY, 11559
$2,300,000
For Sale
$2,300,000
Standalone restaurant site with basement and ample on-lot parking, positioned for high-traffic food service activity.
Property Size3,600 SF
Lot Size0.16 Acres
Price / SF$638.89
Days on Market48
Property Features for 267 Burnside Ave
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1956
Listing agency
M & J Partners Realty LLC
(516) 233-9888
Listed by
Meliza Berrios · License #10401368899
(516) 233-9888
Source
Elliman
Added: Jun 4 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 7:00AM
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 M & J Partners Realty LLC
Investment Insights
Based on property information with market context.
This diner restaurant offering includes approximately 3,600 square feet for a first-floor food establishment with a basement included in the measurements. The owner will build to suit, and all uses are being considered for the site.
The property is located on Burnside Avenue in a high-traffic retail area, positioned next to Dunkin Donuts and Patis Bakery. It is also down the block from Kol Save Supermarket and other local businesses.
For operators and tenant buyers looking for a food-service location with parking, the site includes an approximately 7,000 square foot lot with about 20 parking spaces, supporting customer access and day-to-day operations. The build-to-suit approach can help accommodate different concept needs while placing the business in a heavily trafficked neighborhood commercial setting. All information should be verified through your own due diligence.
The property is located on Burnside Avenue in a high-traffic retail area, positioned next to Dunkin Donuts and Patis Bakery. It is also down the block from Kol Save Supermarket and other local businesses.
For operators and tenant buyers looking for a food-service location with parking, the site includes an approximately 7,000 square foot lot with about 20 parking spaces, supporting customer access and day-to-day operations. The build-to-suit approach can help accommodate different concept needs while placing the business in a heavily trafficked neighborhood commercial setting. All information should be verified through your own due diligence.
Key Highlights
- Standalone diner/food establishment for sale ($2.3M) or lease at $9,999 NNN
- +/- 3,600 SF food establishment with first floor and basement included in the measurements
- High‑traffic retail area next to Dunkin Donuts and Patis Bakery, down the block from Kol Save Supermarket
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 | $237.6k | $66.00 |
| − Vacancy | −$15.4k | −$4.29 |
| EGI | $222.2k | $61.71 |
| − OpEx | −$55.5k | −$15.43 |
| NOI | $166.6k | $46.28 |
3,600 SF · lease $66.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.38M
$2.08M – $2.78M
NOI $166,617 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Breakfast & diners
Similar For Sale Nearby
Similar Off Market Nearby
- Bagel Boys — 598 Central Ave, Cedarhurst, NY 11516
- Bagelry — 507 Central Ave, Cedarhurst, NY 11516
- kosher bagel delight — 598 Central Ave, Cedarhurst, NY 11516
- Island Bagel Bar Inc — 284 Burnside Ave, Lawrence, NY 11559
FAQs
What type of property is this?
Breakfast & diner - Standalone restaurant site with basement and ample on-lot parking, positioned for high-traffic food service activity.
Where is this breakfast & diner located?
The property is located at 267 Burnside Ave Lawrence, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Standalone diner/food establishment for sale ($2.3M) or lease at $9,999 NNN; +/- 3,600 SF food establishment with first floor and basement included in the measurements; High‑traffic retail area next to Dunkin Donuts and Patis Bakery, down the block from Kol Save Supermarket
