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    OFF-MARKET
    Restaurants

    0 Merrick Rd, Lynbrook, NY 11563

    2,200 SF
    Property ID
    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
    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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