Restaurant, Long Island, New York, USA

Additional information is provided after the signing of an NDA

Restaurant, Long Island, New York, USA

$1,900,000
$6,810 /m²
Learn the property location
Send the listing to yourself
  • Total area
    279 m²
  • Yield
    6.0 %
  • Rental rate (m²/month)
    $35
Details
Property parameters
  • Land area: 3,237 m²
  • Number of parking lots: 51
  • 1-floor building
Financial performance
  • Annual income: $118,581
Tenants
  • Fully let

Restaurant in a freestanding building.

Description

Total area of the property is 279 m²

Restaurant provided wtih parking for 51 cars.

The length of the building facade is 53 metres.

Financial performance

Absolute annual income is 114,000 $.

The current yield of 6%.

Tenants

The tenant is a large restaurant chain with about 380 branches in USA.

The lease agreement is signed for 20 years with extension options for 4x5 years.

The agreement stipulates the annual rental income indexation at 2%.

Lease agreement type: Triple Net Lease. The tenant covers all expenses related to the taxes, insurance and maintenance of the property.

Location and nearby infrastructure

Restaurant situated on the street with high pedestrian traffic, in the district with population of about 14 thousand people. There are shops, theatre and park in close proximity from the property. The accessway to highway located within few minutes drive.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other restaurants for sale in the USA.

You can see more restaurants for sale in New York City elsewhere on our website.

Statistics in New York City

Price per m², $
13,978
Healthcare efficiency level
65
Index 65 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
56
Index 56 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 13,977.59
Apartment in a bedroom community, m² 6,088.24
Transport Price, $
Public transport, 1 ride 2.67
Monthly travel card 117.35
Taxi, 1 km 1.65
Petrol, 1 l 0.78
Food Price, $
Water, 1.5 l 2.23
Milk, 1 l 1.09
White bread, 500 g 3.79
Eggs, a dozen 3.46
Chicken fillet, 1 kg 12.71
Education Price, $
Kindergarten, per month 2,307.9
International school, per year 36,984.29
Health care index
Staff competence 73.99
Medical equipment 88.27
Research accuracy and completeness 73.48
Attitude towards patients 68.69
Security index
Crime rate 46.42
The risk of being robbed 43.5
The risk of car theft 43.99
The risk of break-in and property damage 50.34

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics
Location choice
  • еще ...
  • City, Region, Country
Loading...
  • Nothing found
  • Nothing found