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Mixed-Use Restaurant and Rentals
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749 Mount Sinai Coram Rd, Mount Sinai, NY 11766

Two-building property includes a 1,826 SF restaurant and residential units totaling 2,384 SF, zoned J2.

Property Size4,210 SF
Price / SF$285.04
Days on Market276

Property Features for 749 Mount Sinai Coram Rd

General Information

Standard status Active
Size 4,210 SF
Property subtype RETAIL
Zoning J2
Occupancy 100%

Additional Details

Multifamily Units 2
Listing Agency: CAMCO Commercial Real Estate
Listed By: Sam Lefkowitz · License #10301212242
Source: Moodyscre
Added: Oct 28, 2025 Changed: Jul 28 Last Checked: Jul 28 at 1:27AM

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 CAMCO Commercial Real Estate

Investment Insights

Based on property information with market context.

This two-building mixed-use property totals 4,210 SF and is configured to include a restaurant space plus multiple residential units. The restaurant component is 1,826 SF. Residential space consists of a 1,500 SF two-bedroom apartment and an 884 SF cottage.

The property is located in the Mount Sinai area and is zoned J2. The restaurant is currently available for occupancy in Spring 2026, and the property is reported to be fully occupied.

The existing layout supports combined restaurant and rental uses within a single ownership structure, with the residential components totaling 2,384 SF in addition to the restaurant space.

Key Highlights

  • Two‑building property totaling 4,210 SF
  • Includes an 1,826 SF restaurant
  • Residential space totals 2,384 SF, including a 1,500 SF 2‑bedroom apartment and an 884 SF cottage

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $109.6k $26.04
− Vacancy −$7.6k −$1.80
EGI $102.1k $24.24
− OpEx −$25.5k −$6.06
NOI $76.5k $18.18
4,210 SF · lease $26.04/SF/yr · vacancy 6.90% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.09M
$956.9K – $1.28M (±1% cap)
NOI $76,548 @ 7.0% cap · market cap 6.38%
Second Best
Apartment 5plus
$1.07M
$935.3K – $1.25M (±1% cap)
NOI $74,822 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,779 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Auto Parts Store Dental Office Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby
Under-served
Demand for This Use

Demographics for 11766, NY

11,888
Population
4,040
Households
2.9
Avg Household Size
47
Median Age
51%
College-Educated
95%
High-School Grad
6.0 sq mi
ZIP Area
1,981
Density / Sq Mi
$157,564
Median Household Income
$71,715
Median Earnings
$3,183
Median Rent
$632,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-building property includes a 1,826 SF restaurant and residential units totaling 2,384 SF, zoned J2.
Where is this conventional restaurant located?
The property is located at 749 Mount Sinai Coram Rd Mount Sinai, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two‑building property totaling 4,210 SF; Includes an 1,826 SF restaurant; Residential space totals 2,384 SF, including a 1,500 SF 2‑bedroom apartment and an 884 SF cottage
(631) 682-6782 Call to check price and availability
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