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    Retail properties & Spaces

    911 Broad Hollow Rd, Farmingdale, NY 11735

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    Property summary
    AI-generated overview

    This turnkey Halal restaurant opportunity in Farmingdale, NY, presents a compelling investment. Located at 911 Broadhollow Rd, this established eatery occupies approximately 1,800 square feet of retail space. The asking price is $150,000, representing a key money investment in a currently operating business. Monthly rent is $8,800. The restaurant benefits from a strong location within a thriving community. Market analysis indicates a significant consumer base within a 5-mile radius, projecting a 2028 population of 369,479 and a median household income of $118,444. This presents a unique chance to acquire a profitable, established business in a high-demand area with substantial growth potential. The property's prime location and the existing customer base offer immediate returns and long-term growth prospects. This is an exceptional opportunity for an experienced restaurateur or a savvy investor seeking a proven business model in a dynamic market. The substantial population and high median income within the immediate vicinity ensure a consistent flow of customers. This turnkey operation minimizes the start-up challenges associated with launching a new restaurant, allowing for a seamless transition and immediate revenue generation. Don't miss this chance to own a thriving business in a desirable location. The zip code is 11735, and the property is situated in Suffolk County.

    Property profile
    Verified
    Property type Retail properties & Spaces
    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
    • The Halal Guys Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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