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    FOR SALE
    Turn key restaurants

    205 Oak Tree Rd, Tappan, NY 10983

    4,096 SF 0.69 ac lot Built 1900
    Trust Owned 11-yr Hold Free & Clear
    Property ID
    US63-1700326
    Property summary
    AI-generated overview

    This exceptional opportunity presents the chance to acquire a well-established and highly profitable dine-in sushi restaurant situated in the vibrant heart of Tappan, New York. Currently operating with an outstanding reputation and a loyal customer base, this business is poised for continued growth and success under new ownership. The restaurant's consistent profitability is a testament to its strong management and dedicated clientele. The current owners have meticulously maintained the establishment, ensuring its continued appeal and operational efficiency. This turnkey operation offers a seamless transition for a new owner, allowing immediate access to a thriving business with established systems and processes in place. The sale includes all necessary equipment and fixtures, minimizing the initial investment required to take over the business. Financial records demonstrating consistent profitability are available upon request, providing potential buyers with a clear understanding of the restaurant's financial performance. This is an ideal opportunity for an experienced restaurateur or a savvy investor seeking a proven, profitable business in a desirable location. The strong reputation and loyal customer base provide a solid foundation for future expansion and growth. Don't miss this chance to own a thriving business in a vibrant community. Serious inquiries only.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1900
    Total area 4,096 SF
    Lot 0.69 ac (30,056 SF)
    Zoning code CO
    APN 392489 77.15-1-30.1
    UPID US63-1700326
    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
    • Tappan Sushi & Sashimi Restaurant
    • ATM Atm
    • Sullivan High School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $470k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $531k
    Blend (final) Blend
    $500k
    Owner & transaction history
    Sullivan Family Trust · 11 yrs held
    Sullivan Family Trust
    since 2015
    1 recorded transaction
    2015
    Zoning & alternative use
    CO · Tappan, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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