Property profile

137 Eldridge St Floral Park, NY 11002

OFF-MARKET
Retail properties & Spaces
1,400 SF
Saved · see the list in your Dashboard

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

Location

137 Eldridge St Floral Park, NY 11002
Floral Park metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

1 recent transactions · within 1.5 mi
Comparable in this city
1 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 137 Eldridge St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message