12 Ctr Ave East Rockaway, NY 11518-1110
- Investment properties
- 167 SF
- 0.20 lot acres
Feb 04, 2020
Current Use by Public Records
- latin fusión deli / Food Market / Restaurant
- Fast N fresh deli. / Department Store
- RAICES BORICUA / Restaurant
Property Details for 12 Ctr Ave
- Year built
- 1935
- Lot size
- 0.20 lot acres
- Property size
- 167 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 38-501-00-0004
- APU
- 38501000004
Description
This 667-square-foot Class C business, located at 12 Centre Ave, East Rockaway, NY 11518, presents a fantastic opportunity. Currently operating as a restaurant/coffee shop from 10 AM to 8 PM, its prime location directly across from two schools and a train station ensures consistent foot traffic. Previously operating from 6 AM, the business enjoyed strong breakfast sales, suggesting significant potential for revenue growth by reintroducing morning service. The full basement offers ample storage, including five deep freezers, ideal for inventory management and menu expansion. The space is well-suited for various concepts, including a coffee shop, deli, salad bar, or hot food establishment. High foot traffic from commuters and students provides a steady stream of potential customers throughout the day. This established business offers a solid foundation with considerable room for growth through extended hours and menu enhancements. This is an excellent investment opportunity in a high-demand area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,140,000
- ML approach
- $3,360,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- East Rockaway
- County
- Nassau
- State
- New York
- Longitude
- -73.6655
- Latitude
- 40.6497
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
