Address Not Disclosed
Fishers Island, NY 06390
Contact For Estimate

Address Not Disclosed
Fishers Island, NY 06390

  • Apartment/Condo/Townhouse
Off Market
Contact For Estimate
62 Crescent Ave
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  • 1 Elementary School

    1 Middle School

    1 High School

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  • Lowest crime relative to the rest of Suffolk county.

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  • 90% of residents commute by car.

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  • 1 Grocery store

    1 Shopping

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Off Market

Home Details

Overview
  • Apartment/Condo/Townhouse
Description

FOR SALE: 2 homes and fully operational grocery store (over 10,000 sq ft.). (ONLY GROCERY STORE ON ISLAND) Price: $2.3 M Turn key operation Over 1/2 acre land -with real estate included- NO Owner financing. Principles only please. Two homes included with 10,000 sq. ft. grocery store: Property valued at over 2.1 Million (not including value of the grocery store business) 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) and furnished. Grocery store updated and in great operating condition. 120' street store front approx 96' deep Includes new refrigeration, super large (27'X52') walk-in freezer/ refrigerator, shelving, Toyota 4, 000 lb. newer forklift, 2007 Ford Van, (inventory on hand added to selling price) fixtures, etc. Gross sales 1.9 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 employees, contractors, and local residents at other times of the year all year long. Owner will stay on as a hands on consultant for a negotiated time period for smooth transition to new owner at no additional cost.

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Affordability
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Price Trends
Real Estate Trends
Average Listing Price for 06390
$12,272,500
Median Sale Price for 06390
$410,000
Average Sale price/sqft for 06390
$173/sqft
Comparables and Estimates

Contact Info


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