Property profile

4305 Austin Blvd Island Park, NY 11558

OFF-MARKET
Grocery and convenience stores
Property ID
US63-0259231
1,320 SF 0.18 ac lot Built 1948
Entity Owned 25-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Island Park, NY retail property at 4305 Austin Blvd presents a lucrative investment opportunity. The 1,320 square foot building, constructed in 1948, sits on an 8,000 square foot lot and operates as a successful 24/7 convenience store and gas station. The property boasts excellent condition pumps and tanks, consistently generating high sales volume for both fuel and retail merchandise. Current licenses include beer, wine, and lottery sales, further enhancing profitability. This turnkey operation includes both the commercial real estate and the established business, offering immediate income potential. The single-story building is located in a busy area of Nassau County, NY, zip code 11558, ensuring high visibility and consistent customer traffic. This is a rare chance to acquire a well-established, high-performing retail business with significant growth potential. The asking price is $3,250,000. Serious inquiries only.

Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE (W/FUEL PUMP)
Year built 1948
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,320 SF
Lot 0.18 ac (8,000 SF)
APN 43-060-00-0032
UPID US63-0259231

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
  • Atm
  • Grocery & Convenience Store
  • Gas Station
  • Gas Company

Location

4305 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
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$90k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

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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