Property summary
This thriving pool hall and bar in Brentwood, NY, presents a unique investment opportunity. Located on busy Suffolk Avenue, this well-known establishment caters to a large customer base, benefiting from a substantial population exceeding 66,035 (2020 Census). The business boasts a completely renovated interior, featuring high ceilings, marble countertops, and ceramic flooring. Equipped with eight pool tables, a modern updated kitchen (with a new food license), a large 6x6 freezer, stainless steel oven, fryer, and salamander broiler, this venue is ready to expand its offerings. Included in the sale is approximately $250,000 worth of inventory. Ample parking is available for over 70 vehicles. The current owner, a couple, is selling due to time constraints. The property operates under a 5-year lease with taxes, water, and sewer included in the monthly rental payment. This business offers a compelling investment with an approximate cap rate of 24%. The high visibility location and established clientele make this a truly exceptional opportunity for a savvy investor. Don't miss this chance to acquire a profitable and well-regarded business in a densely populated area.
Property profile
VerifiedCap rate & NOI
Current use
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Arcade & Gaming Center
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Auto Parts Store
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Gym & Fitness Center
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Shopping Center & Mall
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
BUS1 · Brentwood, NYZoning
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Zoning designation
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