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    Property profile & analytics
    OFF-MARKET Estimated value $1,115,000
    Office buildings

    15 Jericho Tpke, Jericho, NY 11753-1001

    6,130 SF 0.36 ac lot Built 1970
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US63-3044994
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1970
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 6,130 SF
    Lot 0.36 ac (15,551 SF)
    APN 11-387-00-0075
    UPID US63-3044994
    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
    Current use
    Occupant on record · Public records
    • Cafeinn Cafe & Coffee Shop
    • Sage Test Prep Training Center
    • Think Act Share Change Association Or Organization
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.12M
    Owner & transaction history
    New Heart LLC · 10 yrs held
    New Heart LLC
    since 2016
    3 recorded transactions
    2023
    2016
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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