1219 Suffolk AveBrentwood, NY 11717

Property Details for 1219 Suffolk Ave

Lot size

0.23 AC

Zone code

BUS1

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

0500-118.00-02.00-045.000

APU

500118000200045000

Description

This exceptional business opportunity presents a fully operational nail salon located at 1219 Suffolk Avenue, Unit B, in Brentwood, New York. The 1,600 square foot space is ideally situated for convenient access and high visibility, offering a turnkey solution for aspiring entrepreneurs. The salon is only three years old, representing a well-established business with existing clientele and operational infrastructure. This presents a significant advantage over starting from scratch, eliminating the time and expense associated with build-out and initial marketing efforts. All necessary equipment and fixtures are included in the sale, allowing for a seamless transition and immediate commencement of operations. The asking price of $24,999 represents a compelling investment opportunity in a thriving market. This is a chance to own your own business and capitalize on the established reputation and client base of this successful nail salon. The property is situated on a lot with no acreage, making it ideal for a business focused on walk-in and local clientele. The "Other" property type designation reflects the unique nature of this business opportunity, encompassing both the real estate and the established business within. This is a rare chance to acquire a profitable, established business with minimal upfront investment and immediate revenue potential. Serious inquiries are encouraged to explore this exciting prospect further. The sale includes all existing equipment and fixtures.

• CAP approach

  CAP return

  Valuation

  6%

  $2,053,986

  6.5%

  $1,895,987

  7%

  $1,760,559

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,029,078

  Geo Method

  $2,029,078

• Alternative Use

  Use

  Valuation

  Residential

  $1,895,987

  Hospitality

  $1,736,714

  Educational

  $1,444,925

  Medical

  $1,494,618

  Retail

  $2,247,662

Location Insight

City

Brentwood

County

Suffolk

State

New York

Latitude

40.7866

Longitude

-73.2236

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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