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32396904
32396901

4245 AUSTIN BLVD, ISLAND PARK, NY 11558-1625 For Sale

MT
NY 10401244358
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan
$2,500,000
72 days on market
Updated 72 days ago

4245 Austin Boulevard, Island Park, NY

Details
APN 43 61 23
Property Type Retail
Sub Type Restaurant
Square Footage 7,000
Net Rentable (SqFt) 7,000
Units 1
Occupancy 100%
Tenancy Single
Lease Expiration 02/28/2031
Remaining Term 4.6
Price per SqFt $357
Year Built 1965
Year Renovated 2026
Stories 1
Lot Size (SqFt) 21,046
Parking Spaces 25 spaces
Parking per 1,000 SqFt 3.57
Tenant Credit No Credit Rating
Ground Lease No

Newly Renovated Restaurant for Sale | 7,000 SF | 35K VPD | Hard Corner Parcel | Ample Parking

Marketing description

Marcus & Millichap is proud to present for sale 4245 Austin Boulevard (“Subject Property”), a high‑quality restaurant asset located in the heart of Island Park, NY.

The Subject Property sits on a 0.47‑acre parcel and contains approximately ±7,000 square feet of recently renovated restaurant space. The building presents exceptionally well and benefits from 25 dedicated parking spaces, a meaningful advantage along this dense commercial corridor.

The property is currently leased to Chico’s, with 4+ years remaining on their lease term. With over 200 feet of frontage along Austin Boulevard—one of the area’s primary commercial arteries carrying 35,000 vehicles per day—the asset enjoys strong visibility and consistent traffic.

The location is supported by a robust mix of national and regional retailers including Costco, King Kullen, Starbucks, 7‑Eleven, and numerous local service and dining establishments. The property is also just minutes from the Island Park LIRR Station, providing direct rail access to Manhattan and enhancing both customer convenience and long‑term demand for restaurant uses in the area.

Area demographics further underscore the strength of the trade area: over 90,000 residents live within a three‑mile radius, with an average household income exceeding $163,000. This combination of density and affluence supports durable restaurant performance and long‑term tenant stability.

Investment highlights

  • The Subject Property sits on a 0.47‑acre parcel and contains approximately ±7,000 square feet of recently renovated restaurant space. The building presents exceptionally well and benefits from 25 dedicated parking spaces
  • The property is currently leased to Chico’s, with 4+ years remaining on their lease term.
  • With over 200 feet of frontage along Austin Boulevard—one of the area’s primary commercial arteries carrying 35,000 vehicles per day—the asset has strong visibility and consistent traffic.

Listing Contacts

MT
NY 10401244358
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan

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