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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

33 Central Ave Pearl River, NY 10965

5,528 SF
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property, located at 33 W Central Ave in the heart of Pearl River, NY, presents a unique investment opportunity. The 5,528 square foot building boasts a thriving, established bar and restaurant on the ground floor. The commercial space features an open serving area, a stage, multiple restrooms, a fully equipped turnkey kitchen, a bar, and a sizable outdoor patio. Currently operating at 100% occupancy, this turnkey business offers immediate income potential. Upstairs, six individual boarding house units, each with its own bathroom, provide additional rental income streams. The sale includes both the business and the real estate, offering a complete and lucrative package. The property is zoned CC and operates under an Absolute NNN lease type. This is a rare chance to acquire a well-established, high-performing business with significant rental income in a vibrant downtown location. The asking price is $1,295,000, representing a price per square foot of $234.26. Detailed financial information is available upon request. This is a truly remarkable opportunity for a savvy investor seeking a strong return on investment in a desirable New York location. The property is situated in Rockland County, NY, zip code 10965.

Property profile
Verified
Property type Retail properties & Spaces
Total area 5,528 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Domino's Pizza Take-out & Catering
  • Uncle Tommy's Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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