Prime investment opportunity in East Northport longtime, well known restaurant on a high traffic road with two income producing apartments above.


Property

Website:https://www.nestseekers.com/5544342
Address:
Huntington, NY 11731
Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,200,000
Annual Taxes:$17,966

Description

Prime investment opportunity in East Northport - longtime, well-known restaurant on a high-traffic road with two income-producing apartments above. This turnkey property has been an established neighborhood fixture for over 30 years and offers multiple value-add options: continue as an owner-operated restaurant, maintain the current tenant, or take possession when the lease expires in December. Key features Highly visible, busy road location with strong street presence and steady foot/vehicle traffic. Established restaurant space with a welcoming bar immediately upon entry - ideal for dining and bar service. potential beyond in-house dining. Fully equipped for catering operations, expanding revenue potential beyond in-house dining. Two separate apartments above the restaurant, currently income-producing, providing immediate rental cashflow. Convenient public parking behind the building that serves both restaurant patrons and apartment tenants. Flexible ownership options: attractive to investors seeking steady income or to owner-operators ready to capitalize on a proven location. This property combines stable rental income, a long-standing local reputation, and immediate growth opportunities.

Amenities

  • Electricity Connected
  • Water Connected

Contact

25 Nugent Street, Southampton, NY 11968, USA
Listing Courtesy of Coldwell Banker American Homes