Listed by LAFFEY REAL ESTATE
$150,000
1635 Hillside Avenue
Details
APN 2289-08-293-00-0008-0
Property Type Business for Sale, Retail
Sub Type Business Only, Restaurant
NOI $125,000
Business for Sale
Marketing description
Turnkey restaurant business for sale in New Hyde Park! Exceptional opportunity to acquire a fully equipped restaurant in a prime Hillside Avenue location. Situated in a busy commercial corridor surrounded by established restaurants, retail shops, and local businesses, this turnkey operation benefits from heavy pedestrian traffic and excellent visibility. Conveniently located near public transportation, making it easily accessible for customers and staff alike.
The restaurant offers seating for up to 80 guests and includes a full basement, providing ample storage and operational space. The sale includes a complete kitchen setup featuring one walk-in refrigerator, one service cooler, two stock pot stoves, a single-burner stove, flat-top griddle, and multiple prep tables.. Recent upgrades include new air conditioning and heating systems for year-round comfort and efficiency.
All tables, chairs, and restaurant equipment are included in the sale, allowing for a seamless transition to new ownership. Ideal for restaurateurs looking to establish or expand their presence in a high-traffic location.
Listing Contacts
Listed by LAFFEY REAL ESTATE
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$125,000.00
$10,416.67/mo
Valuation Metrics
0
DSCR
83.33%
Cap Rate
83.33%
ROI
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