Yorktown, NY 10547

Property

Ownership: For Sale
Type: Retail

Financials

Price:$1,595,000
Annual Taxes:$23,133
505 Park Ave, New York, NY 10022
Listing Courtesy of William Raveis Real Estate

Location, Location, Location !

Description

Location, Location, Location! Situated right off Route 6, this well-positioned restaurant offers excellent visibility and accessibility. The space features a full-service bar and accommodates approximately 100 guests, making it ideal for a variety of dining concepts, especially with the outdoor patio. The restaurant generates $8,000 per month in rental income and has a 5 year lease. Ample parking is available with around 30 spaces located at the rear and side of the property for customer convenience. Above the restaurant, you’ll find a spacious two-bedroom apartment currently occupied by a month-to-month tenant generating $3,000 per month in rental income - providing an immediate additional revenue stream. This is a fantastic opportunity for an owner-operator or investor seeking a high-visibility location with built-in income potential.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.