2074 Jericho Tpke - Restaurant FOR SALE


East Northport, NY 11731- Elwood
$2,980,000 USD
718-913-7083
2074 Jericho Tpke, East Northport, NY for Sale
$2,980,000 USD
Restaurant - FOR SALE
1/14
null | 8.05% Cap Rate

NEW


2074 Jericho Tpke
East Northport, NY 11731
Elwood


OVERVIEW

Exceptional opportunity to acquire a highly visible commercial property on busy Jericho Turnpike in East Northport. Situated on approximately 23958 SF of land, this freestanding building is currently operating as a restaurant and offers excellent exposure, ample parking, and strong traffic counts. Ideal for investors seeking an income-producing asset or end users looking to establish or expand their business in a prime Suffolk County location. Convenient access to major roadways, surrounded by established residential neighborhoods and commercial businesses. Potential for a variety of commercial uses subject to local zoning and approvals. Rare opportunity to own a well positioned commercial property in a desirable Long Island corridor. The property is currently operating as a restaurant and has been specially built out for Korean BBQ use, features approximately 60 seats, a full service bar, spacious dining areas, and a large commercial kitchen equipped for high volume food production. The restaurant including charcoal grilling infrastructure and related equipment. The premises have undergone municipal inspections and approvals for restaurant operation, representing significant value for a buyer looking to enter the market without the time, cost and uncertainty of a new restaurant buildout. The rear kitchen includes two walk in refrigerators and extensive preparation space. The basement offers approximately 10 ft ceiling height, a conveyor system, two additional walk-in refrigerator/freezer boxes, a separate entrance and ideal layout for commissary kitchen operations, shared kitchen rental, catering, food production, or restaurant support services. -The second floor includes multiple private rooms suitable for VIP dining, private events, parties, meetings, office space, or additional operational uses. Ample on site parking, strong traffic exposure, and excellent accessibility further enhance the property's appeal.

FOR SALE DETAILS

PRICE

$2,980,000 USD

PRICE/SF

$491 USD /SF

CAP RATE

8.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

C6

APN/PARCEL ID

0400-215-00-02-00-014-002

ASK ABOUT THIS PROPERTY

Nancy XieeXp RealtyMore Info
718-913-7083

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Nancy XieeXp RealtyMore Info
718-913-7083

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.