375 Beach 92nd Street

, NY 11693

For Sale $1,000

Listed 48 days ago for
  • Commercial Sale, Mixed Use
  • Built: 1910
  • Heating: Other, See Remarks
  • Cooling: None
  • Taxes $2,841 (Monthly)
  • Taxes: $34,092 (Yearly)
Building and Restaurant Situated on the Jamaica Bay shore line, this beautiful Rockaway Beach, Michelin Star rated Thai restaurant is 100% turnkey, fully stocked, completely built-out and ready to go. Equipped with multiple walk-ins and refrigeration units throughout, properly hooded and vented, multiple cooking stations, as well as everything a kitchen and restaurant could need. Only one liquor license is needed, as the interior bar is connected to the exterior bar. With floor to ceiling windows, the extra large restaurant dining space makes it light and airy. The over 2,000 sf of outdoor deck dining offering exceptional views of the water. The attached and owned pier comes with a one of the largest jet ski businesses in NYC with a lease in place, earning you additional passive income. With additional rights, the waterfront possibilities are endless. The seller has installed a state of the art server and has completely networked the building. A newly upgraded POS system and there is also a top of the line sound board and mixing equipment for live music. The newly installed solar generator will lower the carbon footprint to near nothing and cut energy costs by at 30-40%, and you will never lose power because it will also as as a backup generator! Upstairs, the building has undergone renovations and is ready to house your offices or can be reconfigured to suit a new owner's needs. Think Speakeasy or whatever you like, you will own the building! Accessible by the train and close to the ferry. Explore the development possibilities, as this property is situated on the shore and comes with pier head rights. Rockaway Beach has a lot of new construction going on and for the right owner this could be the next great new luxury project. The seller is willing to stay on for up to six months to teach the recipes and operations if the new owner would like to keep the current restaurant operating as is and strive for continued Michelin ratings. *An NDA will be required before financial information is disclosed
MLSID
H6195185
Buyer Agency Compensation
1.0%
Seller Agency Compensation
-
Broker Agency Compensation
-
The listing broker’s offer of compensation is made only to participants of OneKey® MLS.

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Data was last updated 2022-07-20 01:49:25