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$2,700,000
7,014 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 7,014 sqft
MLS Listing ID 2506718
Year Built 1918
Annual Tax Amount $43,000
Lot Size 0.363 Acres
Acres 0.36
Lot Dimensions 140x113
Property Sub-Type Commercial
Source Staten Island Multiple Listing Service
Property Description
Exceptional 4-lot commercial package featuring three established businesses plus a dedicated 16-space customer parking lot. Includes a 5,000 sq. ft. catering hall and two store fronts adding up to 2,500 sq. ft. (Texas Ranger Burger Joint + Pizzeria). Strong tenant stability with the pizzeria newly renewed for 10 years, Texas Ranger with 4 years remaining, and the catering hall secured for almost 8 years. Together, the property produces an approx. NOI of 157,888, delivering a 5.85 cap rate at a 2.7M list price. Located along the high-visibility Bayview/Atlantic Avenue corridor, this is a turnkey, cash-flowing investment in a strong commercial district.
Location
State NY
County Nassau
Area Oyster Bay
Zoning A
Interior
Heating Hot Water, Natural Gas
Cooling Central
Building
Story 2
Sewer City
Level or Stories 2
Structure Type Block
New Construction No
Others
Tax ID 00140-0011-12-19-20
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Listed ByRe/Max Edge
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716