Lynx Realty Inc
Lynx Realty Inc
Listed by Lynx Realty Inc
$1,430,000
160 Jericho Turnpike
Details
APN 2223-09-322-00-0020-0
Property Type Retail
Sub Type Storefront, Restaurant
NOI $1,071,400
Year Built 1931
Acreage 0.040
Retail
Marketing description
Excellent opportunity in the heart of Mineola, A well-established deli and catering business with 30 years of successful operation is available, including both the business and the building. Located in a high-traffic area, this property offers strong income potential. Possible second floor built out with proper permits. The current owners are retiring, presenting a great opportunity for a new owner to take over the building and a thriving operation. The business was voted one of the best sandwiches on Long Island. Delivery service or third-party platforms ( Grubhub/Uber Eats) currently not in place, offering immediate upside potential for increased revenue
Listing Contacts
Lynx Realty Inc
Lynx Realty Inc
Listed by Lynx Realty Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,071,400.00
$89,283.33/mo
Valuation Metrics
0
DSCR
74.92%
Cap Rate
74.92%
ROI
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