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    Property profile & analytics
    OFF-MARKET Estimated value $1,725,000
    Strip malls

    20 Meacham Ave, Elmont, NY 11003

    5,754 SF 0.45 ac lot Built 1977
    Entity Owned 26-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-2346539
    Property summary
    AI-generated overview

    This turnkey retail business opportunity is located at 20 Meacham Avenue, Unit E, in Elmont, New York. Situated within a bustling strip mall directly across from Hempstead Turnpike, this property boasts exceptional visibility and high foot traffic counts, ensuring a steady stream of potential customers. The business, Muskan Fresh Juice Corner, benefits from a long-term lease agreement, minimizing operational uncertainties. The monthly rent is $3,000, which includes property taxes. While the square footage is not specified, the location's prime position within a high-traffic area makes this an attractive investment. The asking price for this established business is $75,000. This presents a unique chance to acquire a profitable, ready-to-operate business in a desirable commercial location. The property's strategic placement near Hempstead Turnpike guarantees significant exposure to a large customer base. This is an excellent opportunity for an entrepreneur seeking a well-established business with a proven track record in a high-demand area. The inclusion of taxes in the rent further simplifies operational costs, making this a financially attractive proposition. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1977
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 5,754 SF
    Lot 0.45 ac (19,602 SF)
    APN 32-562-00-0147
    UPID US63-2346539
    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
    • MR.CELL - iPhone Repair | iPad Repair | Samsung Repair | Mac & Pc Repair Computer & Electronic Repair Tech Support Center
    • Delicious Halal Food Cart Restaurant
    • Ria Money Transfer - Mr Cell Bank Credit Union
    • BARKEM TRADERS INC Big Box & Wholesale Store
    • Halal Food Corner Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.73M
    Owner & transaction history
    CLOVER ASSOCIATES L L C
    CLOVER ASSOCIATES L L C
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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