Property profile

29 Nck Rd Shelter Island, NY 11964

OFF-MARKET
Turn key restaurants
Property ID
US63-1205475
3,868 SF 0.54 ac lot Built 2021
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2021
Total area 3,868 SF
Lot 0.54 ac (23,522 SF)
Zoning code B
APN 0700-014.00-03.00-009.001
UPID US63-1205475

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29 Nck Rd Shelter Island, NY 11964
Shelter Island metro Census 180300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
$922k
Blend (final) Blend
$1.11M

Owner & transaction history

since 2021
Last sale
$950,000
2 recorded transactions
2021
$950,000
2018
$715,000

Zoning & alternative use

B · Shelter Island, NY
Zoning description

District B-1 (Restricted Business). A. District purpose. The restricted business zone was established to maintain the historic, park-like, government-center appearance of the Town center. Commercial enterprises are restr…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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