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Property profile & analytics
OFF-MARKET
Estimated value
$1,595,000
Turn key restaurants
335 Main St, East Islip, NY 11730-2801
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US63-1495241
Property summary
AI-generated overview
This exceptional commercial property, located at 335 E Main St in East Islip, NY 11730, offers a significant retail and restaurant opportunity. The property consists of a 52,492 square foot building situated on a sizable lot in Suffolk County. Currently, the entire space is vacant, presenting a unique chance for a single large tenant or the potential for division. The minimum divisible space is 22,000 square feet, with a maximum contiguous space of 30,492 square feet. The building is divided into two suites, offering flexibility for various business models. Ample parking is available with 39 spaces provided for customers and employees. This prime location in East Islip offers high visibility and accessibility, making it an ideal spot for a variety of commercial ventures. The property is classified as both Retail and Land, providing options for expansion or outdoor uses. This is a rare opportunity to secure a substantial commercial space in a thriving East Islip market. Interested parties should inquire for lease terms and conditions.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
0.68 ac (29,621 SF)
Zoning code
BUS1
APN
0500-348.00-02.00-023.000
UPID
US63-1495241
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
-
Jackson Hall American Bar & Grille Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.62M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.60M
Owner & transaction history
Gbis Properties LLC · 5 yrs held
Gbis Properties LLC
since 2021
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
BUS1 · East Islip, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Islip submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Islip submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,750,000
ML approach
$1,620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.60M
Range $1.44M – $1.75M · ±10% · vs last sale $1.50M (May 13 2021)
Last sale anchor
$1.50M
May 13 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$83,000
Assessed 2023
Previous assessed
$83,000
+0.0% YoY
Assessed land
$65,100
Assessed improvement
$17,900
Land market value
$894,231
Improvement market value
$245,879
Total market value
$1,140,110
Applied tax rate
472,803.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Lot
0.68 ac (29,621 SF)
Zoning code
BUS1
APN
0500-348.00-02.00-023.000
UPID
US63-1495241
Jurisdiction
SUFFOLK
Metro division
NASSAU-SUFFOLK, NY METROPOLITAN DIVISION
Zoning & alternative use
BUS1 · East Islip, NY
Zoning BUS1 · permitted uses
BUS1 · East Islip, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Islip. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.68 ac
Current owner
From public records · entity-resolved
Gbis Properties LLC
Entity
Mailing address
1565 FRANCIS AVE STE #200, NORTH BALDWIN, NY 11510-1638
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2021
$1,500,000
Gbis Properties LLC
335 Montauk Highway INC
Deed
—
Oct 24, 2014
$1,500,000
335 Montauk Highway INC
Cheung,ken L
Grant Deed
$1,000,000 · Thomas & Elizabeth Pellegrino
—
—
Ken L Cheung
—
Deed Of Trust
related
$580,000 · Asia Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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