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- LoopNet Team
1300 Hylan Blvd
Staten Island, NY 10305
Property For Lease
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 1.00 AC |
| Property Subtype | Restaurant | Year Built | 1959 |
| Gross Leasable Area | 17,500 SF | Parking Ratio | 8.57/1,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 17,500 SF |
| Total Land Area | 1.00 AC |
| Year Built | 1959 |
| Parking Ratio | 8.57/1,000 SF |
About the Property
Purchase this well known and established restaurant in the heart of Grasmere. Located on Hylan Blvd in a busy business plaza. Rent includes water. Tenant does not pay taxes. Parking lot is shared with other tenants. They have 4 years left on the lease (with 5% annual increase), but the landlord is willing to sign a new 5 year lease with a new tenant. Restaurant can be purchased with the name Nasiba Grill. A potential buyer can put up a sign 'under new management'. Tenant pays their own gas and electric bills. All equipment inside along with upgrades is only 1 years young. Unit includes one bathroom with access from the kitchen as well as the public part of the restaurant. Heat source is central and unit. Business is priced as an additional $110,000 on top of lease amount.
