15 Jericho Tpke, Jericho, NY 11753-1001
This exceptional 1500-square-foot cafe presents a unique investment opportunity in the thriving Jericho, NY market. Situated on the highly visible Jericho Turnpike, this established business enjoys a prime location with consistent foot traffic and a loyal customer base. The cafe's spacious yet cozy atmosphere makes it a popular destination for locals seeking a comfortable environment to socialize, work, or enjoy delicious food and beverages. The current setup is well-suited for continued success, offering a turnkey operation for a new owner. This is a rare chance to acquire a well-established business in a desirable location with significant potential for growth and profitability. The property's location on Jericho Turnpike ensures high visibility and accessibility, attracting a diverse clientele. The cafe's existing reputation for quality food and service provides a strong foundation for future success. This is an ideal opportunity for an investor seeking a profitable venture with minimal start-up costs and immediate revenue generation. The business is ready to operate, requiring minimal investment to maintain its current success. The spacious interior provides ample room for seating and operations, while the cozy atmosphere fosters a welcoming environment for customers. This turnkey operation offers a streamlined transition for a new owner, minimizing the time and effort required to establish a successful business. The property's location on Jericho Turnpike offers unparalleled visibility and accessibility, ensuring a steady stream of customers. This is a rare opportunity to acquire a profitable, established business in a prime location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.