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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

513 Ny-112 Coram, NY 11727

2,400 SF 1.06 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a former IHOP restaurant located at 513 NY-112, Coram, NY 11727 in Suffolk County. The property encompasses a substantial 2,400 square feet situated on a 1.06-acre lot, providing ample space and potential for a variety of uses. The building is a single-story structure with 45 parking spaces, a significant advantage in a busy retail area. The property is offered fee simple, meaning complete ownership. Real estate taxes are currently $25,993 annually. This prime location offers high visibility and accessibility, making it an ideal site for a restaurant or other commercial enterprise. The substantial lot size allows for flexibility in development and expansion. The property's history as a successful restaurant establishes a proven track record in the location. This presents a unique chance to acquire a well-situated commercial property with significant upside potential in a thriving market. The property's size, parking, and location combine to create a compelling investment opportunity for both owner-users and investors seeking a strong return. This is a rare chance to own a piece of established commercial real estate in a desirable area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,400 SF
Lot 1.06 ac (46,174 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
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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