42 Merrick Ave Hempstead, NY 11566

Listing agency Homix Realty Inc s***@gmail.com Show Phone

Listed by Xuehui Lin

Source Crexi

Added: May 9 Updated: Jul 21 at 12:01PM Checked: Jul 21 at 12:01PM

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Investment Insights

Based on property information with market context.

This turnkey restaurant is set up for a Japanese hibachi and ramen concept, including teppanyaki and ramen service. The space includes more than 1,000 sq ft on the main level, along with a full basement that can support storage and operational needs. The current setup is described as flexible and can be converted to fit other restaurant concepts.

The property is located in a highly desirable Long Island area near Exit 38, with easy access and visibility. It sits among residential neighborhoods with dedicated parking, designed to support a steady flow of local customers.

The business is currently generating approximately $55,000 per month in revenue. Monthly rent is $3,645 and includes property taxes, creating an all-in rent structure noted as attractive for the area.

Key Highlights

• Operating Japanese hibachi and ramen restaurant with an established commercial kitchen setup
• Revenue currently approximately $55,000/month
• Over 1,000 sq ft on the main level plus a full basement for storage or expansion

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FAQs

What type of property is this?

Conventional restaurant - Japanese hibachi and ramen restaurant with a full basement and an operating commercial kitchen setup.

Where is this conventional restaurant located?

The property is located at 42 Merrick Ave Hempstead, NY.

What is the asking price?

The asking price for this property is $160,000.

What are key features of this property?

This property features: Operating Japanese hibachi and ramen restaurant with an established commercial kitchen setup; Revenue currently approximately $55,000/month; Over 1,000 sq ft on the main level plus a full basement for storage or expansion