2098 Boston Post Road, Larchmont, NY 10538

$2,500,000
4,967
SqFt
List Price
$2,500,000
MLS#
4847651
Status
ACTIVE
Subtype
Commercial
Stories
2.00
Square Footage
4,967
Neighborhood
Mamaroneck

Property Description

Larchmont restaurant with successful tenant growing rent at double digit rate and additional upstairs studio apartment. Double net percentage lease pays everything but taxes. 2018 rent running 20% above 2017 which was 13% above 2016. Tenant in place since 2013, recently renewed 5 year lease. No remaining renewal options. Gut renovation with state of the art kitchen in 2013. 50+ seat dining room along equally large bar lounge area plus dining for 25+ on outdoor patio . Sale includes all top quality furnishings and kitchen equipment. Larchmont NY population almost 17,000 with average household income over $200k, 84% have at least a college degree, Median Larchmont home sale price above $1 million.

Additional Information

Year Built
1930
Taxes
$32,332
School District
Mamaroneck
Sewer
Municipal, Sewer
Water
Municipal
Cooling
Central
Heating
Forced Air

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Daniel Hickey from Houlihan Lawrence Inc.


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