$999,000
53-65 Quentin Road
Details
Property Type Business for Sale, Retail
Sub Type Business Only, Storefront
Square Footage 15,000
Units 1
Cap Rate 0.60%
NOI $600,000
Year Built 1931
Lot Size (SqFt) 5,264
Ceiling Height 11-15 Foot
Business for Sale | 0.60% CAP | 15,000 SqFt
Marketing description
Newly turn-key supermarket business for sale in a prime Gravesend location on Kings Highway comprising the entire block between West 11th & West 12th Streets and backing Quentin Road! "Treasure Island" is a thriving and fully equipped supermarket featuring state-of-the-art refrigeration and freezer equipment, brand-new deli & checkout counters, hot and cold buffet stations and so much more. This high traffic store offers a diverse selection of unique products that have become favorites among local customers. Aside from the store which is about 7500 square-feet, the supermarket also includes an additional 7500 square-foot basement for storage, a separate kitchen for preparing a variety of salads and baked goods that the customers love and two huge walk-in coolers to store perishable foods. This supermarket has earned a loyal following in the community and offers a net operating income of approximately $50,000 per month! Purchase includes long and attractive lease. List of equipment, income and expenses and copy of lease available upon request.
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$600,000.00
$50,000.00/mo
Valuation Metrics
0
DSCR
60.06%
Cap Rate
60.06%
ROI
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