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749 Mount Sinai Coram Rd 4,210 SF 57% Leased Retail Building Mount Sinai, NY 11766 $1,300,000 ($308.79/SF) 6.90% Cap Rate
INVESTMENT HIGHLIGHTS
- 4210 SF Across Two Buildings
- 1500 SF 2 Bedroom Apartment; and 884 SF Cottage
- 1826 SF Restaurant
EXECUTIVE SUMMARY
Property Description
749 Mount Sinai-Coram Road, Mount Sinai, NY 11766 is a highly visible property on Long Island’s North Shore, set in a desirable and growing community with steady traffic flow and strong residential support. Currently home to a restaurant, the site offers 14 customer parking spots plus 3 employee spots, a shed, fenced yard, and on-site cottage. Utilities include propane for the commercial kitchen and oil heat for both the cottage and main building. Interior features include a full basement with Bilco door, a walk-in box, and a kitchen hood system—making this a prime location for restaurant, retail, or mixed-use opportunities in one of Suffolk County’s most sought-after areas.
Location Description
Welcome to Mount Sinai, NY a vibrant town on the North Shore of Long Island. Explore a diverse array of recreation, dining and shopping options. With its proximity to major highways and the Long Island Rail Road the area offers a prime location for your business to thrive.
749 Mount Sinai-Coram Road, Mount Sinai, NY 11766 is a highly visible property on Long Island’s North Shore, set in a desirable and growing community with steady traffic flow and strong residential support. Currently home to a restaurant, the site offers 14 customer parking spots plus 3 employee spots, a shed, fenced yard, and on-site cottage. Utilities include propane for the commercial kitchen and oil heat for both the cottage and main building. Interior features include a full basement with Bilco door, a walk-in box, and a kitchen hood system—making this a prime location for restaurant, retail, or mixed-use opportunities in one of Suffolk County’s most sought-after areas.
Location Description
Welcome to Mount Sinai, NY a vibrant town on the North Shore of Long Island. Explore a diverse array of recreation, dining and shopping options. With its proximity to major highways and the Long Island Rail Road the area offers a prime location for your business to thrive.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,210 SF
Year Built
1981
Price
$1,300,000
Price Per SF
$308.79
Cap Rate
6.90%
NOI
$89,700
Percent Leased
57%
Tenancy
Multiple
Building Height
2 Stories
Zoning
J2 - JBusiness2
Parking
17 Spaces (4.04 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0200-094-00-03-00-001-000 | Improvements Assessment | $2,845 |
| Land Assessment | $1,000 | Total Assessment | $3,845 |
PROPERTY TAXES
Parcel Number
0200-094-00-03-00-001-000
Land Assessment
$1,000
Improvements Assessment
$2,845
Total Assessment
$3,845
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749 Mount Sinai Coram Rd
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