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Property profile & analytics
OFF-MARKET
Restaurants

353 Larkfield Rd East Northport, NY 11731

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Restaurants
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
  • Sherwin-Williams Paint Store Hardware & Home Improvement Building Supply
  • Snowball Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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