Gas Station with Convenience
449 Main Street Yaphank, NY 11980
449 Main Street, Yaphank, NY, 11980
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For Sale
Contact for pricing
Triple-net gas station with convenience store and leased repair shop, operating without a canopy.
Lot Size0.50 Acres
Days on Market35
Property Features for 449 Main Street
General Information
- Standard status
- Active
- Lot size
- 0.50 Acres
- Property subtype
- Retail, Business for Sale
Building Details
- Year Built
- 1958
Listing agency
Charles Rutenberg Realty Inc Plainview
Listed by
Khaleeque Rehman · License #10401215771
Source
Crexi
Added: Jun 18 Updated: Jul 22 at 7:06AM Checked: Jul 22 at 7:06AM
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 Charles Rutenberg Realty Inc Plainview
Investment Insights
Based on property information with market context.
For sale is a BP gas station (no canopy) featuring a convenience store and an on-site repair shop. The repair shop is leased and scheduled for assignment with a 17-year term, currently paying $4,800 per month. The gasoline operation is described as having monthly gas sales of approximately 25,000 gallons (no diesel), with stated monthly gas income of roughly $10,000-plus.
The property is located at 449 Main Street, Yaphank, NY 11980, on a busy road. Current reported store sales are approximately $38,000–$40,000 per month, and the business nets approximately $10,000–$11,000 per month. Expenses noted include payroll and taxes of about $8,500 per month and utilities/other services of approximately $1,590 per month, plus insurance of about $900 per month. The current rent structure is reported as $9,800 per month (including $2,000 monthly property taxes), with $4,800 subtracted for the auto repair tenant and $2,500 subtracted from a parking agreement, resulting in net or effective rent of $2,500 per month under a triple-net arrangement. Reported deposits and fees include a refundable security deposit of 3 months’ rent, a refundable BP gas deposit of $40,000, and a $30,000 transfer/assignment fee.
The property is located at 449 Main Street, Yaphank, NY 11980, on a busy road. Current reported store sales are approximately $38,000–$40,000 per month, and the business nets approximately $10,000–$11,000 per month. Expenses noted include payroll and taxes of about $8,500 per month and utilities/other services of approximately $1,590 per month, plus insurance of about $900 per month. The current rent structure is reported as $9,800 per month (including $2,000 monthly property taxes), with $4,800 subtracted for the auto repair tenant and $2,500 subtracted from a parking agreement, resulting in net or effective rent of $2,500 per month under a triple-net arrangement. Reported deposits and fees include a refundable security deposit of 3 months’ rent, a refundable BP gas deposit of $40,000, and a $30,000 transfer/assignment fee.
Key Highlights
- Triple‑net BP gas station with convenience store and leased repair shop; no canopy
- Auto repair shop lease assigned for 17 years at $4,800/month, netting $2,500/month effective rent after subtracting other amounts
- Rental structure: $9,800/month (includes $2,000/month property tax) minus $4,800 auto‑repair rent minus $2,500 parking agreement leaves $2,500/month net
Property Analytics
Location Intelligence
Current Use by Public Records
bp
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FAQs
What type of property is this?
Gas station - Triple-net gas station with convenience store and leased repair shop, operating without a canopy.
Where is this gas station located?
The property is located at 449 Main Street Yaphank, NY.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Triple‑net BP gas station with convenience store and leased repair shop; no canopy; Auto repair shop lease assigned for 17 years at $4,800/month, netting $2,500/month effective rent after subtracting other amounts; Rental structure: $9,800/month (includes $2,000/month property tax) minus $4,800 auto‑repair rent minus $2,500 parking agreement leaves $2,500/month net
