375 Beach 92nd Street
$2,800,000
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Description
Calling all investors, restaurateurs, developers, and end users! Here's your chance to be your own landlord and invest in what you own. We present an extraordinary commercial property on the stunning Jamaica Bay shoreline in beautiful Rockaway Beach. Whether you're looking for a 100% turnkey operation to start making money right away or dreaming of exploring different culinary concepts, this is your canvas. The fully-equipped kitchen boasts multiple walk-ins, refrigeration units, proper hooding,...Calling all investors, restaurateurs, developers, and end users! Here's your chance to be your own landlord and invest in what you own. We present an extraordinary commercial property on the stunning Jamaica Bay shoreline in beautiful Rockaway Beach. Whether you're looking for a 100% turnkey operation to start making money right away or dreaming of exploring different culinary concepts, this is your canvas. The fully-equipped kitchen boasts multiple walk-ins, refrigeration units, proper hooding, and ventilation, along with multiple cooking stations. It's adaptable to suit any culinary style, making your restaurant vision come to life. Enjoy an outdoor deck, unbeatable location in the heart of the busiest area in Rockaway Beach, and proximity to transportation hubs. This is a rare opportunity to own waterfront property in a prime NYC attraction area. This long-established restaurant is one of the busiest in the Rockaway Peninsula, with a proven income-generating track record. It's a well-known destination for food, entertainment, and a hangout spot for both locals and tourists, ensuring year-round profitability. The property offers a waterfront view and pier access to the bay, opening up possibilities for water activity-related businesses like sunset dining cruises. A lease is already in place for a jet ski business, providing extra income. Plus, there's a solar generator in place to help save on utility bills. Additionally, an upstairs unit has been renovated and is ready to be used as the owner desires. Over $1 million has been invested in both the property and the business, ensuring a fair price for this incredible opportunity, with a 5.8% cap rate, this investment is bound to make waves in your portfolio. Don't miss out on this chance to own a piece of Rockaway Beach's thriving culinary and waterfront scene. Secure your investment future today!
- Listed by Naruetai Tongsomboon • RE/MAX Elite
Amenities
- Deck
- Parking Included
LISTING UPDATED: 10/01/2024 04:17 PM
Property Details for 375 Beach 92nd Street
Status | Active |
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MLS ID | 478127 |
Days on Market | 405 |
Taxes | $38,297 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | - |
Compass Type | Mixed Use |
MLS Type | Mixed Use |
Year Built | - |
Lot Size | 5,637 SF |
County | Queens County |
Building
Building Information for 375 Beach 92nd Street
Stories-Residences-Year Built-Lot Size5,637 SFBuilding Age-Building Type-
Property Information for 375 Beach 92nd Street
Property History for 375 Beach 92nd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 375 Beach 92nd Street
This home is within New York City Geographic District #27.
Rating | School | Type | Grades | Distance |
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Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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P.S. 183 Dr Richard R Green PublicPK to 8 | ||
Rockaway Park High School For Environmental Sustai Public9 to 12 | ||
Channel View School For Research Public6 to 12 | ||
Rockaway Collegiate High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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