Riverhead, NY 11901,370 Manor LN

$1,990,000

$1,990,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 09/09/2025

Key Details

Sold Price $1,990,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

MLS Listing ID L3543590

Sold Date 09/09/25

HOA Y/N No

Rental Info No

Year Built 2006

Annual Tax Amount $29,243

Lot Dimensions 299x560

Property Sub-Type Business

Source onekey2

Property Description

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 22.45 Cap!!!)

Location

State NY

County Suffolk County

Interior

Fireplace No

Exterior

Total Parking Spaces 86

Private Pool No

Building

Story 2

Others

Special Listing Condition None

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Listed by All Island Estates Realty Corp • Richard Matt Shane
Bought with All Island Estates Realty Corp

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William Gomez
William Gomez

Real Estate Professional | License ID: 10401391422

+1(657) 472-8734

477 Madison Ave Ste 648, New York, NY, 10022, USA

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