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    OFF-MARKET
    Retail properties & Spaces

    137 Eldridge St, Floral Park, NY 11002

    1,400 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional restaurant opportunity in Floral Park, NY, presents a 1,400 square foot space ideally suited for a thriving culinary establishment. Located at 137 Eldridge Street, 11002, in Nassau County, this property boasts a desirable street-level presence. The space is divided into a 700 square foot ground floor and a 700 square foot basement, offering ample storage and potential office space. The main dining area comfortably seats 35 patrons, complemented by 12 additional seats at the bar. The kitchen is fully equipped and features electric appliances, though it is non-vented. A significant advantage is the inclusion of a full liquor license valid until midnight. A 10-year lease is available, with a monthly rental price of $8,609 and monthly real estate taxes of $1,350. The property is also available for sale at $350,000. This turnkey operation presents a rare chance to establish or expand a successful restaurant venture in a vibrant location. The property's size, equipment, and liquor license make it an attractive proposition for experienced restaurateurs.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,400 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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