Listed by EXIT Realty Professionals
$375,000
5304 8th Avenue 1
Details
Property Type Business for Sale, Retail
Sub Type Business Only, Restaurant
Square Footage 3,120
Units 1
Cap Rate 1.22%
NOI $457,360
Stories 2
Lot Size (SqFt) 1,600
Ceiling Height 8-10 Foot
Business for Sale | 1.22% CAP | 3,120 SqFt
Marketing description
Established Asian restaurant for sale on 8th Avenue business district in prime Sunset Park area. The restaurant offers fresh food for dining in and taking out, it is approximate 3,120 sq ft, fits about 75 guest, fully equipped kitchen, refrigerators, restrooms. Property tax included in the rent, yearly increase is 4%. Gross yearly business income is $ 1,320,000. Seller relocating and will love to hear all reasonable offers. Don't miss out the opportunity to start your own business right on the heart of 8th Avenue in Sunset Park.
Listing Contacts
Listed by EXIT Realty Professionals
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$457,360.00
$38,113.33/mo
Valuation Metrics
0
DSCR
121.96%
Cap Rate
121.96%
ROI
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