Property summary
This exceptional owner-user opportunity presents a thriving convenience store located at 86 Covert Avenue in Stewart Manor, New York, 11530. Centrally situated on Covert Avenue, between Stewart Avenue and Tulip Avenue, this property benefits from high visibility and foot traffic. The building offers a substantial 1200 square feet of retail space on the first floor, perfectly suited for a variety of commercial uses. Adding to its appeal is a sizable 1200 square foot basement, offering significant storage capacity or potential for expansion. Currently, a portion of the basement (approximately 25%) is leased for storage, generating a consistent supplemental income stream. This adds to the overall investment value and provides a built-in return. The property's strategic location within Nassau County, New York, ensures easy access for customers and employees alike. The asking price for this turnkey operation is $565,000. This presents a rare chance to acquire a well-established business in a desirable location with significant growth potential. The property is zoned for retail use, making it an ideal investment for both established businesses and entrepreneurs looking to establish a presence in a thriving community.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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