Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Turnkey Pizzeria/Restaurant in Brentwood, NY Title is generated by Realmo AI

    339 Washington Ave, Brentwood, NY

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Fully equipped restaurant with wood-burning oven in a prime location.

    Type:RETAIL
    Property size:
    2,200 SF
    Lot size:
    0.42 Acres
    Added:
    Jul 14, 2025
    Days on Market:
    313
    Last Refresh:
    Apr 5 at 10:50 pm

    Property Features for 339 Washington Ave

    General Information

    Standard status
    Active
    Size
    2,200 SF
    Lot size
    0.42 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 339 Washington Ave Contact us

    We can help!

    Listing Contact
    Giuseppe Gregorio
    Giuseppe Gregorio

    Listing agent Giuseppe Gregorio License #10301214544

    Listing office NY Space Finders

    Listing date Jul 14, 2025

    Source Moodyscre

    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 NY Space Finders

    HighLights

    • Fully equipped, turnkey pizzeria/restaurant ready for immediate operation.
    • Prime location on Washington Avenue in Brentwood, NY, a densely populated area.
    • Features a sought‑after traditional wood‑burning oven.
    • Includes an impressive 20‑foot hood.
    • All equipment owned, providing significant cost savings.
    • Strategic location with easy access to major roadways, ensuring high visibility.

    Overview

    Located at 345 Washington Avenue in Brentwood, NY, this turnkey pizzeria/restaurant offers an exceptional opportunity for restaurateurs. The 2200-square-foot space features an impressive 20-foot hood and a traditional wood-burning oven, enhancing its culinary appeal. It comes fully equipped with comprehensive inventory and seating/furniture, ensuring a seamless transition for new ownership. Situated in a densely populated region with a strong sense of community, this establishment is poised for success. Its strategic location offers easy access to major roadways, enhancing visibility and attracting a steady flow of patrons. This property presents a rare chance to own a fully operational restaurant in a thriving area. There are 4 years remaining on the lease, and all equipment is owned.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brentwood
    County
    Suffolk
    State
    New York
    Longitude
    -73.2476
    Latitude
    40.7996

    Nearby Similar for Lease

    • $3,500/Mo

      Brentwood Commercial Office Space

      Versatile office space in prime Brentwood location for rent.
      664 Suffolk Avenue, Brentwood, NY 11717
      View Details
    • $3,500/Mo

      Brentwood Commercial Office Space

      Versatile office space in prime Brentwood location.
      664 Suffolk Avenue, Brentwood, NY 11717
      View Details
    • $3,500/Mo

      Commercial Space for Lease

      Commercial space available for lease in Brentwood, NY.
      120 Heyward Street, Brentwood, NY 11717
      View Details
    • $3,500/Mo

      Professional Building Office Space

      Highly visible office space in Brentwood, NY for rent.
      652 Suffolk, Brentwood, NY 11717
      View Details
    • $3,500/Mo

      Brentwood Office Space For Rent

      Versatile office space in prime Brentwood location.
      664 Suffolk Ave, Brentwood, NY 11717
      View Details
    • $3,500/Mo

      Retail Space Near Brentwood Road

      Retail space for rent near LIRR and local amenities.
      664 Suffolk Avenue, Brentwood, NY 11717
      View Details
    • Contact for pricing
      50,842 SF

      Brentwood Office Space Available

      Office space available for rent in Brentwood, New York.
      Islip Ave, Brentwood, NY
      View Details
    • $14 SF/Yr

      Office/Flex/Industrial Building Near LIRR

      Freestanding office/flex/industrial building with excellent parking near Deer Park LIRR.
      1 Rodeo Dr, Brentwood, NY 11717
      View Details
    • $25 SF/Yr
      20,000 SF

      Retail Space with High Traffic

      Retail space with high traffic and loading docks available for rent.
      1825 Brentwood Rd, Brentwood, NY
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Fully equipped restaurant with wood-burning oven in a prime location.
    Where is this turn key restaurant located?
    The property is located at 339 Washington Ave Brentwood, NY.
    What is the lease rate?
    The lease rate is $6,900 /Mo.
    What are key features of this property?
    This property features: Fully equipped, turnkey pizzeria/restaurant ready for immediate operation.; Prime location on Washington Avenue in Brentwood, NY, a densely populated area.; Features a sought‑after traditional wood‑burning oven.
    (516) 840-8029 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Giuseppe Gregorio
    Giuseppe Gregorio
    Real Estate License ID: 10301214544
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    339 Washington Ave, Brentwood, NY
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!