Restaurant Mezzanine
For Sale
Contact for pricing
614 Cookman Avenue #Mezzanine, Asbury Park, NJ 07712
A liquor license is available with this Cookman Avenue space.
Property Size1,800 SF
Price / SF$0.01
Days on Market299
Property Features for 614 Cookman Avenue #Mezzanine
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Additional Details
Floor
Mezzanine
Building Details
Year Built
1956
Listing Agency:
Sackman Realty
Listed By:
Matthew Warncke · License #1859482
(732) 798-8188
Source:
Defelicerealtygroup
Added: Jan 5
Changed: Oct 31
Last Checked: Oct 31 at 3:10AM
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 Sackman Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,800-square-foot restaurant space occupies a mezzanine level between the first and second floors at 614 Cookman Avenue in Asbury Park. High ceilings and a vanilla-box condition define the interior, and a liquor license is available with the space.
Key Highlights
- 1,800‑square‑foot restaurant space
- Mezzanine position between the first and second floors
- High ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,527
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,540
$550.5K
Cap Rate 7%
$393,243
$393.2K
Cap Rate 9%
$305,856
$305.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$38.9K $21.60/SF
− Vacancy
−$2.2K −$1.21/SF
EGI
$36.7K $20.39/SF
− OpEx
−$9.2K −$5.10/SF
NOI
$27.5K $15.29/SF
Area
Monmouth County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,540
Cap Rate 7%
$393,243
Cap Rate 9%
$305,856
Alternative Uses
Best Use
Specialty Retail
$393.2K
$344.1K – $458.8K
NOI $27,527 @ 7.0% cap · market cap 110,108.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.0K
$411.3K – $548.4K
NOI $32,901 @ 7.0% cap · market cap 131,604.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,097
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 39%
Home Improvements & Furnishings 2%
Burger King
Dining
7,250 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,091 visits/mo
0.2 miles
PNC Bank
Shops & Services
6,825 visits/mo
0.2 miles
Dunkin' Donuts
Dining
6,671 visits/mo
0.1 miles
Family Dollar
Shops & Services
5,323 visits/mo
0.3 miles
Demographics for 07712, NJ
39,397
Population
19,321
Households
2
Avg Household Size
42
Median Age
49%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
3,229
Density / Sq Mi
$95,691
Median Household Income
$51,924
Median Earnings
$1,496
Median Rent
$578,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A liquor license is available with this Cookman Avenue space.
Where is this conventional restaurant located?
The property is located at 614 Cookman Avenue #Mezzanine Asbury Park, NJ.
What are key features of this property?
This property features: 1,800‑square‑foot restaurant space; Mezzanine position between the first and second floors; High ceilings
