Property profile

0 Merrick Rd Lynbrook, NY 11563

OFF-MARKET
Restaurants
2,200 SF
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Property summary

AI-generated overview

This exceptional 2,200 square foot restaurant is ideally situated on Merrick Road in Lynbrook, New York, at a five-point intersection near movie theaters, offices, and other restaurants. Boasting high visibility and a well-established presence, this single-tenant property offers a significant opportunity for a discerning buyer. The cafe features 48 interior seats, a bar, and outdoor café space, perfectly complementing its full liquor license. The building is electrically powered and zoned for commercial use, ensuring operational efficiency. Located near Lincoln Ave, in the 11563 zip code, this property benefits from a strong commercial environment. The property taxes are $1 per square foot, adding to the overall financial picture. The asking price is $175,000, with a monthly rent of $5,163.85 plus a $2,200 real estate tax. This turnkey operation presents a rare chance to acquire a thriving business in a prime location. The substantial frontage and established clientele make this a truly attractive investment. The property's size and features provide ample space for both dining and potential expansion. This is a remarkable opportunity to own a successful restaurant in a bustling commercial area.

Property profile

Verified
Property type Restaurants
Total area 2,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Merrick Rd Lynbrook, NY 11563
Lynbrook metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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