Log In/Sign Up
Your email has been sent.
4257 Austin Blvd 2,235 SF Retail Building Island Park, NY 11558 $825,000 ($369.13/SF) 10.18% Cap Rate
Investment Highlights
- Calling All Investors, Developers, End-Users & Restaurateurs!!! Free Standing Restaurant/Bar On A 8,000+ Sqft. Lot In Island Park!!!
- The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. & Has Been Home To A Successful Business For 50+ Years!!!
- This Property Can Also Be Leased Annually For Only $84k NNN!!!
- The Property Features Excellent Signage, Great Exposure, High 9’ Ceilings, 20 Parking Spaces In A Private Lot, Restaurant (484.14) Zoning, +++!!!
- Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!!
- This Successful Business Can Also Be Bought For Only $200k!!!
Executive Summary
Calling All Investors, Developers, End-Users & Restaurateurs!!! Free Standing Restaurant/Bar On A 8,000+ Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 9’ Ceilings, 20 Parking Spaces In A Private Parking Lot, Restaurant (484.14) Zoning, Sprinklers, 6 Seats At The Bar, 40 Indoor Seats, 40 Outdoor Seats, 200 Amp Power, Security Camera System, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. & Has Been Home To A Successful Business For 50+ Years!!! The Property Has 81’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! This Property Can Also Be Leased Annually For Only $84k NNN!!! This Successful Business Can Also Be Bought For Only $200k!!!
Income:
Restaurant: $84,000 Ann. NNN (Available)
Pro Forma Gross Income: $84,000 Ann.
Expenses:
Taxes: $23,535.15 Ann.
Income:
Restaurant: $84,000 Ann. NNN (Available)
Pro Forma Gross Income: $84,000 Ann.
Expenses:
Taxes: $23,535.15 Ann.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$84,000
|
$37.58
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$84,000
|
$37.58
|
| Taxes |
$23,535
|
$10.53
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$23,535
|
$10.53
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $37.58 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $84,000 |
| Annual Per SF | $37.58 |
| Taxes | |
|---|---|
| Annual | $23,535 |
| Annual Per SF | $10.53 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $23,535 |
| Annual Per SF | $10.53 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,235 SF
Year Built
1976
Price
$825,000
Price Per SF
$369.13
Cap Rate
10.18%
NOI
$84,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.18 AC
Zoning
484.14 - Restaurant
Parking
20 Spaces (8.95 Spaces per 1,000 SF Leased)
Frontage
81’ on Austin Blvd
Amenities
- 24 Hour Access
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (74)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2089-43-060-00-0024-0 | Total Assessment | $4,232 (2025) |
| Land Assessment | $2,160 (2025) | Annual Taxes | $23,535 ($10.53/SF) |
| Improvements Assessment | $2,072 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
2089-43-060-00-0024-0
Land Assessment
$2,160 (2025)
Improvements Assessment
$2,072 (2025)
Total Assessment
$4,232 (2025)
Annual Taxes
$23,535 ($10.53/SF)
Tax Year
2026
1 of 30
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
4257 Austin Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.