353 Larkfield Rd, East Northport, NY 11731
This exceptional restaurant opportunity is located at 353 Larkfield Road, East Northport, NY 11731, situated on a major road with high visibility. The property boasts a spacious 2,200 square foot space, featuring an attractive build-out and an exhibition kitchen. The restaurant comfortably seats 66 patrons and benefits from a 32-foot storefront, maximizing its street presence. This single-tenant property is an end cap unit within a local shopping center, ensuring high foot traffic and convenient access for customers. The current asking price reflects a significant reduction, making this a compelling investment. The monthly rent is $8,200, inclusive of common area maintenance (CAM), real estate taxes, and trash removal. The area enjoys a high median household income of $137,487, indicating strong consumer spending power and a robust market for dining establishments. This turnkey operation presents a rare chance to acquire a well-established restaurant in a prime East Northport location. The key money is $175,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.