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    Property profile & analytics
    OFF-MARKET Estimated value $600,000
    Investment properties

    848 Violet Ave, Hyde Park, NY 12538-3724

    4,930 SF 0.54 ac lot Built 1960
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-5613874
    Property summary
    AI-generated overview

    This exceptional opportunity presents the sale of a well-established deli business and its accompanying free-standing commercial building, located at 848 Violet Ave, Hyde Park, NY 12538. The property boasts a generous 4,930 square feet situated on a 0.54-acre lot. The asking price for this combined offering is $395,000. The deli is renowned for its fresh cold cuts, breakfast sandwiches, and lunch options, catering to a loyal clientele of college students, local businesses, and residents. The business operations encompass a deli, grocery, and catering service. Included in the sale are essential commercial kitchen equipment such as refrigerated and cooled display cases, a walk-in cooler, snack racks, and deli stations. This turnkey operation is ideally suited for an experienced restaurateur seeking a profitable, established business with significant growth potential. The property's prime location in Hyde Park, NY ensures high visibility and convenient access for customers. This is a rare opportunity to acquire both a thriving business and a valuable commercial property in one transaction. The property is currently vacant, allowing for immediate occupancy and operational adjustments. The price per square foot is $80.12.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1960
    Total area 4,930 SF
    Lot 0.54 ac (23,522 SF)
    Zoning code EPBD
    APN 133200 6164-02-570520-0000
    UPID US63-5613874
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • LibertyX Bitcoin ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $621k
    Blend (final) Blend
    $600k
    Owner & transaction history
    Smart Choice Prop One LLC · 1 yrs held
    Smart Choice Prop One LLC
    since 2025
    4 recorded transactions
    2025
    2025
    $390,000
    2014
    $550,000
    2008
    $550,000
    Zoning & alternative use
    EPBD · Hyde Park, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $790,000 +17.0%
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