56 Bay Ave Eastport, NY 11941-1337
- Turn key restaurants
- 4,892 SF
- 0.52 lot acres
Current Use by Public Records
- Trumpets Catering / Banquet Hall
Property Details for 56 Bay Ave
- Year built
- 2010
- Lot size
- 0.52 lot acres
- Property size
- 4,892 SF
- Zone code
- RWB
- Property type
- Turn key restaurants
- APN
- 0900-365.00-01.00-013.000
- APU
- 900365000100013000
Description
This exceptional offering presents two adjacent waterfront properties in Eastport, NY, totaling 7,500 net rentable square feet on approximately 1.5 acres. 56 S Bay Ave houses a renowned restaurant with 90 legal seats, 15 boat slips, and 2,500 square feet of indoor space plus 500 square feet of waterfront decking. Its prime location on Moriches Bay, ample parking, and fine American-Continental cuisine have established a loyal following. Directly adjacent, 58 S Bay Ave features a stunning 4,900 square foot event hall with 120 legal seats, vaulted ceilings, panoramic waterfront views, and 800 square feet of decking. This versatile space, complete with private rooms, an elevator, and a full commercial kitchen, is ideal for weddings, private parties, and other large-scale events. Both properties boast high-end mechanical systems, ample storage, and are fully turnkey, ready for immediate operation. The combined annual town taxes are $59,166.14. The properties are zoned for Resort Business use and are available for occupancy on January 16, 2024. The asking price for this unique opportunity is $6,875,000. Tax ID numbers are 473689 365.000-0001-013.000 and 473689 365.000-0001-020.001. Nearby establishments include Remsenburg Marina, Eastport Music Scene, and several local businesses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eastport
- County
- Suffolk
- State
- New York
- Longitude
- -72.7253
- Latitude
- 40.8153
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
