Property profile

116 Main St Islip, NY 11751

OFF-MARKET
Turn key restaurants
Property ID
US63-3178634
0.32 ac lot
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.32 ac (13,939 SF)
Zoning code IND1
APN 0500-369.00-03.00-026.000
UPID US63-3178634

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

116 Main St Islip, NY 11751-3417
Islip metro Census 147302 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2019
3 recorded transactions
2019
$2.0M
2013
Price N/A
1969
Price N/A

Zoning & alternative use

IND1 · Islip, NY
Zoning description

This district is designed for a wide range of industrial and related activities which can meet a reasonable level of performance standards as set forth in the Subdivision and Land Development Regulations and this article…

General category INDUSTRIAL

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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