14367 243Rd StRosedale, NY 11422

Property Details for 14367 243Rd St

Year built

1977

Lot size

0.11 AC

Property size (Sq ft)

2,900 SF

Zone code

R3-2

Property type

Retail space

APN

13570-0060

APU

135700060

Description

This exceptional opportunity presents a well-established sports bar in the thriving Rosedale, NY community. Boasting over three decades of continuous operation, this turnkey business benefits from a loyal customer base built over many years. The property is ideally situated for high visibility and foot traffic, enjoying a prime location with a supermarket directly across the street. Convenient public transportation is also readily available, with a bus stop and taxi stand located on the same block. The interior features a fully equipped kitchen, ready to handle the demands of a busy establishment. Adding to the unique ambiance, the property includes two attractive tiki bar huts, creating a distinctive and inviting atmosphere. Ample parking is provided in the rear of the building, ensuring convenient access for patrons. This is a rare chance to acquire a profitable, established business with a proven track record and significant potential for continued growth. The asking price is $95,000. The property is zoned for retail use. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $704,801

  6.5%

  $650,586

  7%

  $604,115

• Comparable approach

  Method

  Valuation

  Relative Method

  $954,863

  Geo Method

  $954,863

• Alternative Use

  Use

  Valuation

  Residential

  $548,793

  Hospitality

  $502,692

  Educational

  $418,234

  Medical

  $432,617

  Retail

  $650,586

Location Insight

City

Jamaica

County

Queens

State

New York

Latitude

40.6605

Longitude

-73.7389

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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