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    66 Broadway Greenlawn, NY 11740

    Sponsored
    For Sale
    $995,000

    Profitable Retail Business, Updated Building

    Property size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional owner-user opportunity presents a thriving convenience store located at 66 Broadway in the heart of Greenlawn, NY. The 2,100 square foot building, completely renovated in 2020, boasts a new roof, updated refrigeration system, modern lighting and ceiling, fresh flooring, and a new gas furnace. The property is zoned C-6, ensuring flexibility for continued operation or potential expansion. Key features include excellent visibility in a densely populated area with strong demographics, contributing to the business's consistent profitability. The sale includes the building, the established business, and existing inventory, offering a turnkey investment. Two handicap-accessible bathrooms add to the convenience and accessibility for customers. Annual real estate taxes are $16,363.60. This is a rare chance to acquire a well-established, profitable business with a recently updated building in a prime Greenlawn location. The combination of a strong business and a modern building makes this an attractive investment opportunity for an owner-operator seeking a profitable venture with significant upside potential. Don't miss this chance to own a piece of Greenlawn's thriving commercial landscape.

    Property Features for 66 Broadway

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,100 SF

    Building Details

    Year Renovated
    2020

    HighLights

    • High‑efficiency refrigeration system.
    • New roof installed.
    • Updated lighting and ceiling finishes.
    • Gas‑fired furnace and heating system.
    • Excellent visibility in a prime downtown location.
    • High‑traffic area with strong demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greenlawn
    County
    Suffolk
    State
    New York
    Longitude
    -73.3647678
    Latitude
    40.8689056

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    FAQs

    What type of property is this?
    Individual retail property - Profitable Retail Business, Updated Building
    Where is this individual retail property located?
    The property is located at 66 Broadway Greenlawn, NY.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: High-efficiency refrigeration system.; New roof installed.; Updated lighting and ceiling finishes.
    Request Owner's contact information
    66 Broadway Greenlawn, NY 11740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    66 Broadway Greenlawn, NY 11740
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