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33973330
33973331

1376 Hempstead Turnpike, Elmont, NY 11003

SD
NY 10491212764
Capri Industrial Partners
JB
NY 10491212764
Capri Industrial Partners
JD
NY Ny 10401300641
Capri Industrial Partners
Listed by Capri Industrial Partners
$1,250,000
4 days on market
Updated 2 days ago

Sapienza Bake Shop | NNN | Owner/User | RE Included

Details
Property Type Business for Sale
Sub Type Business and Building
Square Footage 3,664
Net Rentable (SqFt) 3,664
Units 1
Tenancy Vacant
Brand/Tenant Bakery
Price per SqFt $341
Class C
Year Built 1935
Buildings 1
Acreage 0.140
Zoning GSS
Investment Type Owner/User
Ground Lease No

Legacy Italian Bakery & Production Facility | Real Estate Included | Est. 1935 | Nassau County

Marketing description

This opportunity presents three distinct acquisition strategies. A strategic operator can acquire a fully turnkey bakery and production platform with an irreplaceable 50+ year continuously operational Universal Oven Company traveling tray oven, capable of supporting wholesale, catering, artisan bread, and commissary operations at industrial scale.

An owner/user can convert the building to any number of retail, food service, medical, or distribution uses. Or a passive investor can lease the property at approximately $8,000 per month NNN — generating a 7.7% cap rate at the asking price — a compelling return for a freestanding retail building with a loading dock and tractor trailer access on one of Nassau County’s highest-traffic commercial corridors.

The building is freestanding with dedicated on-site parking and a loading dock capable of accommodating tractor trailer deliveries — a rare combination on Hempstead Turnpike. Nassau/Queens border location with direct proximity to UBS Arena and the Belmont Park redevelopment corridor. Financials available upon NDA execution. All inquiries handled with strict discretion.

Contact Steve Davis for further assistance 646-261-0143 [email protected]

Investment highlights

Real estate included — 3,664 sq ft freestanding commercial building owned free and clear, no mortgage, no liens

Three distinct acquisition strategies: owner/user operation, NNN investment, or strategic bakery/production platform

NNN lease potential at $8,000/month — approximately 7.7% cap rate at asking price

Loading dock with tractor trailer access and dedicated on-site parking — rare for Hempstead Turnpike corridor

90+ year legacy Italian bakery brand with $2,000,000+ gross annual revenue

Nassau/Queens border — direct proximity to UBS Arena and Belmont Park redevelopment corridor

Suitable for retail, food service, medical, specialty distribution, catering, or NNN investment use

Contact Steve Davis for further assistance 646-261-0143 [email protected]

Listing Contacts

SD
NY 10491212764
Capri Industrial Partners
JB
NY 10491212764
Capri Industrial Partners
JD
NY Ny 10401300641
Capri Industrial Partners
Listed by Capri Industrial Partners

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Additional Information

Name
Stephen Davis
License
10491212764
Brokerage
Capri Industrial Partners
Brokerage Phone
7185068890
Title
Broker
Brokerage Address
1122 Franklin Avenue
Name
Joseph Barretta
License
10491212764
Brokerage
Capri Industrial Partners
Brokerage Phone
7182087011
Title
Broker
Brokerage Address
136 Shoreview Road
Name
John DiLeonardo
License
Ny 10401300641
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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