370 Manor Lane, Riverhead, NY 11901 | MLS 3543590 | Listing Information | Coldwell Banker Phillips | MLSLI.com - Long Island Real Estate
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Coldwell Banker Phillips
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718-326-3900
LouPastorini@yahoo.com
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Coldwell Banker Phillips
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LouPastorini@
yahoo.com
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FOR SALE
$2,250,000

370 Manor Lane
Riverhead, NY 11901

Mixed Use, Business Opportunities
Commercial
6,681
Sq. Ft.
4
Acre Lot
Courtesy: All Island Estates Realty Corp, 516-783-5600
MLSLI> New York> Riverhead> 11901
Calling All Investors, Developers, End-Users & Restauranteurs!!! 6,600+ Sqft. Impeccable Restaurant / Event Venue On 4 Acres For Sale!!! The Property Features Excellent Signage, Great Exposure, High Ceilings, Indoor / Outdoor Seating, Full Commercial Kitchen, Full Basement, Showcase Gardens, 86 Parking Spaces, 2 Br. Apartment, Strong Zoning, Full Bar, Multiple Private Parking Lots, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Jamesport On Manor Lane Near Iron Pier Beach, Long Island National Golf Club & Jason's Vineyard!!! The Property Is Situated In Between The Long Island Sound & Peconic Bay On The Dimon Estate!!! Neighbors Include Starbucks, USPS, Walmart, Costco, The Home Depot, CubeSmart Self Storage, Target, 7-Eleven, Dunkin', Walgreens, Bob's Discount Furniture, Mattress Firm, HomeSense, Buffalo Wild Wings, Davis Visionworks, McDonald's, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property, Development Site Or Home For Your Business!!! Income: Restaurant / Event Venue: $480,000 Ann. (Available) Pro Forma Gross Income: $480,000 Ann. Expenses: Insurance: $2,813 Ann. Maintenance & Repairs: $250 Ann. Water: $1,022 Ann. Taxes: $29,243 Ann. Total Expenses: $33,328 Ann. Net Operating Income (NOI): $446,672 Ann. (Pro Forma 19.85 Cap!!!)
3543590
Commercial - Mixed Use, Business Opportunities, 2 Story
2006
Suffolk
4 Acres
2
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: All Island Estates Realty Corp, 516-783-5600
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Information is deemed reliable but is not guaranteed.
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