Property profile

4259 Austin Blvd Island Park, NY 11558

OFF-MARKET
Turn key restaurants
Property ID
US63-4172228
1,220 SF 0.14 ac lot Built 2005
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This thriving deli, located at 4259 Austin Blvd in Island Park, NY (11558), presents a fantastic investment opportunity. The freestanding building boasts 1,220 square feet of space, perfectly suited for a bustling eatery. Situated on a high-traffic road in Nassau County, this location sees over 30,000 cars pass daily, ensuring consistent customer flow. The property is a single-tenant operation, offering ease of management and streamlined operations. The deli is a fully operational, all-new construction establishment offering eat-in, carry-out, and delivery services, catering to breakfast, lunch, and dinner demands. The asking price includes $195,000 in key money. Monthly rent is $6,300, which is inclusive of real estate taxes. This turnkey operation is ready for immediate ownership and offers significant potential for growth and profitability in a prime South Shore Nassau County location. The property's prime location and established customer base make this a truly exceptional investment prospect. This is a rare opportunity to acquire a successful, established business in a high-demand area. Don't miss out on this chance to own a piece of Island Park's thriving culinary scene.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2005
Construction FRAME
Total area 1,220 SF
Lot 0.14 ac (6,000 SF)
APN 43-060-00-0021
UPID US63-4172228

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Food Market Restaurant

Location

4259 Austin Blvd Island Park, NY 11558-1627
Island Park metro Census 416201 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$797k
Blend (final) Blend
$815k

Owner & transaction history

since 2021
Last sale
$700,000
1 recorded transaction
2021
$700,000

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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