Technical
Financial
Distress signals
Property profile

756 Grand Blvd Deer Park, NY 11729

OFF-MARKET
Showrooms
Property ID
US63-1620666
8,296 SF 0.87 ac lot Built 1967
Entity Owned 26-yr Hold Free & Clear
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Property summary

AI-generated overview

This unique investment opportunity presents a freestanding, two-unit building totaling 8,296 square feet, situated on a 0.87-acre lot in Deer Park, NY. The property, located at 756-760 Grand Boulevard, enjoys a prime location in a busy retail corridor adjacent to Tanger Outlets, benefiting from high daily traffic volume exceeding 23,000 vehicles. The building comprises a 2,589 square foot turnkey restaurant space, currently vacant and ideal for various food service concepts, and a 5,607 square foot office/warehouse space. The office/warehouse features 14-foot ceilings, one 9-foot drive-in dock high door, and ample parking for 60 vehicles. The current owner is open to a leaseback arrangement for the office/warehouse portion, offering flexibility for potential investors. The property is zoned for Light Industrial District G and was built in 1967. This versatile property presents significant potential for both investors and end-users seeking a multi-functional space in a high-traffic location with excellent visibility and accessibility. The established restaurant space offers immediate income potential, while the office/warehouse provides adaptable space for various business needs. This combination of features makes this a rare and attractive opportunity in a thriving retail area.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1967
Total area 8,296 SF
Lot 0.87 ac (37,897 SF)
Zoning code G
APN 0100-067.00-01.00-010.021
UPID US63-1620666

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
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Consultant

Location

756 Grand Blvd Deer Park, NY 11729-5704
Deer Park metro Census 122801 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
$1.21M
Blend (final) Blend
$1.57M

Owner & transaction history

Zoning & alternative use

G · Deer Park, NY

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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