848 Violet Ave, Hyde Park, NY 12538-3724
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.
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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
EPBD · Hyde Park, NYHyde Park. 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.