Korean BBQ Restaurant with
For Sale
$650,000
4 Route 303, Tappan, NY 10983
Family-run Korean BBQ restaurant for sale, with long-term ownership and an NNN structure in Orangetown, NY.
Property SizeContact for details
Days on Market140
Property Features for 4 Route 303
General Information
Standard status
Active
Property subtype
Business Opportunity
Financials
Cap Rate
6.7%
Business Included
Yes
Amenities
Central Air
Listed By:
Shin Chung
(201) 403-1777
Source:
Evrealestate
Added: Apr 19
Changed: Aug 24
Last Checked: Sep 5 at 3:49AM
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 Shin Chung
Investment Insights
Based on property information with market context.
This well-known Korean BBQ restaurant is offered for sale in Orangetown, NY. The business has been operated by the same family for the past 23 years, and the current owner is planning to retire. The offering is presented as an NNN property and includes options to purchase the business, the building, or both, subject to the terms outlined by the seller.
The restaurant is located at 4 Route 303 and draws customers from both the local Korean community and a broader mix of general and international clientele. The property’s positioning also supports repeat visitation from travelers returning from popular recreational destinations in Upstate New York, including golf courses, camping sites, fishing areas, and ski resorts.
The surrounding commercial area continues to develop, including a new supermarket opening nearby and additional dining options. Additional details regarding the available purchase structures and terms are available upon request.
The restaurant is located at 4 Route 303 and draws customers from both the local Korean community and a broader mix of general and international clientele. The property’s positioning also supports repeat visitation from travelers returning from popular recreational destinations in Upstate New York, including golf courses, camping sites, fishing areas, and ski resorts.
The surrounding commercial area continues to develop, including a new supermarket opening nearby and additional dining options. Additional details regarding the available purchase structures and terms are available upon request.
Key Highlights
- Family‑run Korean BBQ restaurant for sale with 23 years of ownership by the current operator
- Orangetown, NY restaurant offering four purchase options (building & business, building only, or business only)
- Building only option listed at $2,150,000 with a leaseback tenant reporting a 6.70% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
762
Businesses Nearby
199k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 28%
Groceries 24%
Electronics 2%
ShopRite
Groceries
47,528 visits/mo
0.2 miles
McDonald's
Dining
24,696 visits/mo
0.3 miles
Starbucks
Dining
18,664 visits/mo
0.1 miles
Wendy's
Dining
16,701 visits/mo
0.1 miles
Citgo
Shops & Services
12,866 visits/mo
0.1 miles
Demographics for 10983, NY
5,777
Population
1,926
Households
3
Avg Household Size
44
Median Age
62%
College-Educated
93%
High-School Grad
2.1 sq mi
ZIP Area
2,751
Density / Sq Mi
$178,664
Median Household Income
$70,800
Median Earnings
$2,237
Median Rent
$593,200
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?
Conventional restaurant - Family-run Korean BBQ restaurant for sale, with long-term ownership and an NNN structure in Orangetown, NY.
Where is this conventional restaurant located?
The property is located at 4 Route 303 Tappan, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Family‑run Korean BBQ restaurant for sale with 23 years of ownership by the current operator; Orangetown, NY restaurant offering four purchase options (building & business, building only, or business only); Building only option listed at $2,150,000 with a leaseback tenant reporting a 6.70% cap rate
