650 Lee Blvd, Yorktown Heights, NY 10598-1100
This thriving Flame Asian Bistro, located in the bustling JV Mall in Yorktown Heights, NY, presents a unique opportunity for a savvy investor. The 5,862 square foot, single-story restaurant boasts a 200-person capacity (approximately 150 seats), featuring a fully furnished, high-end interior. The impressive setup includes a full-service kitchen equipped with a walk-in cooler and freezer, grill, char broiler, deep fryer, and ice maker. A raw and sushi bar, beautiful custom bar, two private party rooms, and outdoor seating add to its appeal. Currently operating under a gross lease with a monthly rent of $14,900, the lease expires June 30, 2027, with a five-year option extending to June 30, 2032. The asking key money is $80,000. The restaurant enjoys a prime location with direct access from both the parking lot and the mall interior, benefiting from high traffic counts in the area. Situated in affluent Northern Westchester County, the JV Mall is anchored by major retailers such as Macy's, Dick's Sporting Goods, and ULTA, ensuring consistent foot traffic. The property's strategic location offers easy access from Route 6 and close proximity to the Taconic State Parkway, with daily traffic counts exceeding 20,000 vehicles on Route 6, 52,000 on the Taconic State Parkway, and over 3,500 on Lee Boulevard. This turnkey operation is ready for immediate success.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CRC · Yorktown Heights, NYYorktown Heights. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.