Second Ave at E 86th Street, #1, New York City, NY 10028

2 Photos
 
$349,000 List Price
Off Market
 
Listing ID 10558529
Property Type Commercial Business
County New York
Township Upper East Side
Unit 1
FEMA Flood Map fema.gov/portal
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FAST FOOD - RESTAURANT FOR SALE. GREAT INVESTMENT

The Fast Food restaurant is immaculate, practically brand new, located in a busy upscale area with plenty of Business, Offices and Residential Apartments. This is a perfect opportunity for anyone looking to enter one of the best affluent markets in New York City with a full scale operation to maximize business profitability. This is a great opportunity to own an established Fast Food - Restaurant in a high traffic area of Upper East Side. This is a once in a lifetime opportunity for an owner-operator to take full advantage of this great business for a fully turn-key operation. 35 Years old food business location with a simple and profitable menu Lease Expires 2023 but Landlord will renew it with a very reasonable terms 1,300 sq.f. with full storage basement plus back yard Rent is $12,000 a month (including Property Taxes) with low security deposit. Estimate Gross Monthly Income $75,000 Estimate Utilities $3,800 a month (including all insurances and advertising) Estimate Supplies $7,000 Estimate design cost and equipment $150,000 Food Cost 20%!!! Payroll $14,000. All Employee's stay with you. Full Delivery Service (35% from the business) will all deliveries companies plus own website!!! Full training and proper transfer of business to you!!! Business Hours 11.00 am to 10.30 pm // 7 Days Asking Sales Price $349,000, only!!! Don't Last...
Property Details
  • Unit 1
Unit Information
Unit #1 – Gross Area: 1300, Rent Price: 12000
Community Details
  • Elevator (Bldg. Style)
Commercial Info
  • NNN Lease Term
  • Lease Sq Ft: 1300
  • Annual Increase: 3,5%
  • Monthly Lease Price: 12000
  • Monthly Price Sq Ft: 0.00
  • Annual Price Sq Ft: 0.00
Income/Expenses
  • Gross Income $1,000,000
Previously Listed By
Sarantis Ballakis
MERIDIAN REAL ESTATE GROUP LLC
Office: 212-629-3000
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