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33 W Central Ave

5,528 SF 100% Leased Retail Building Pearl River, NY 10965 $1,295,000 ($234/SF)

Executive Summary

An exceptional chance awaits with this impeccably situated mixed-use building in the vibrant heart of downtown Pearl River. This well-established bar/restaurant has an open serving area, a room with a stage, multiple restrooms, a turnkey kitchen, a bar, and a large outdoor patio. There are six boarding house units that each have their own bathroom. The sale includes both the business and the property. Please reach out for additional information.
Profit & loss Jan - Dec 22
Ordinary Income/Expense
Income
500 Sales Income
500-01 Food Sales 289,300.00
500-02 Liquor Sales 276,382.33
500-03 Beer Sales 284,175.97
500-04 Wine Sales 84,631.03
500-05 Beverage Sales 37,127.22
Total 500 Sales Income 971,616.55
Expenses
Cost of Goods Sold
700 Cost of Good Sold
700-01 Food Purchases 114,742.45
700-02 Merchant Account Fees 1,050.61
700-03 Restaurant Supplies 52,686.54
700-05 Beer Purchase 150,487.61
700-06 Beverage Purchase 35,436.77
700-7 Wine Purchase 8,828
Total 700 Cost of Good Sold 363,232.98
Gross Profit $608,383.57

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,528 SF
Building Class
B
Year Built/Renovated
1929/2014
Price
$1,295,000
Price Per SF
$234
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.98
Land Acres
0.13 AC
Zoning
restaurant / retail - CC
Frontage
200 FT on west central Avenue

Amenities

  • Restaurant
  • Security System
  • Storage Space
  • Air Conditioning
Walk Score ®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
392489-068-016-0001-011-000-0000
Land Assessment
$65,000
Improvements Assessment
$206,600
Total Assessment
$271,600
  • Listing ID: 31327183

  • Date on Market: 9/14/2023

  • Last Updated:

  • Address: 33 W Central Ave, Pearl River, NY 10965

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