62 Crescent Ave Fishers Island, NY 06390

$2,100,000

62 Crescent Avenue, Fishers Island NY
62 Crescent Ave
$2,100,000
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62 Crescent Ave
Fishers Island,NY06390

Broker: VORO NYC

Home Details for 62 Crescent Ave


180+ Days on Trulia
99 views
HOUSE - Suffolk, NY
62 Crescent Ave Turn key operation 1/2 acre land -with real estate included- NO Owner financing. Principles only please. Two homes included with 10,000 sq. ft. grocery store: *Rear home approx 1,500 sq. ft includes 2 car garage (currently rented for $750/Month) *Home above the store is 2,500 sq. ft completely remodeled (used by current owner) *Grocery store updated and in great operating condition. 120'street store front approx 96'deep Includes refrigeration, super large (27'X52') walk-in freezer/ refrigerator, shelving, ...forklift, 2007 Ford Van, (inventory on hand added to selling price) fixtures, e...tc. Gross sales 1.7 M per year, Winter employees 4-5 Summer employees 8-9 Permits: Beer: Our Sales of beer and wine are just over 100,000 a year. (40% profit). There is one other place people can buy wine and hard liquor on the island--but NOT Beer. We have the ONLY place to buy beer on the island. We have both permits for beer (no one else can sell beer). Lottery: only authorized lottery sales on the island Cigarettes: another profit center with virtually no competition Additional Info: Magnet School ( similar to Private school setting) at no cost to residents-grades K-12 Not a tourist location, but rather a fairly exclusive clientele/resident base with 400% increase of summer residents. Very safe place to live and work. Majority of business is between Memorial Weekend and Labor Day weekend, but there are daily ferry runs bringing in visitors, employees, contractors, and local residents at other times of the year. Owner will stay on as a hands on consultant for a negotiated time period for smooth transition to new owner at no additional cost. Ideal business for someone with a desire to enjoy a lifestyle that allows time off, and great income! Additional Smaller store may be available as well for $400,000.00 1/4 acre lot, building is 50'X50'two levels (storage or garage). 4-5 employees Will negotiate a package price if both stores are purchased together.
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Features for 62 Crescent Ave

Information last updated on 05/16/2014 12:00 AM:
    • Price: $2,100,000
    • 5 Bedrooms
    • 3 full Bathrooms
    • Single-Family Home
    • Status: For Sale
    • Parking: Garage
    • MLS/Source ID: 9317112
    • Zip: 06390

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Listing price for 62 Crescent Ave $2,100,000  
Average listing price for similar homes $2,517,357 20% above listing price

Estimates around 62 Crescent Ave


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm
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