4259 Austin BoulevardIsland Park, NY 11558Price: $799,000

  • Price: $799,000
  • 256 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $799,000List Price
  • 0.14Acreage

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Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14' Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60' Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello's Ace Hardware, King Kullen, Dunkin', Wendy's, McDonald's, Trader Joe's, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option. Gross Income: $72,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,300 Ann. Maintenance & Repairs: $250 Ann. Water: $0 Ann. Taxes: $13,354.87 Ann. Total Expenses: $15,904.87 Ann. Net Operating Income (NOI): $56,095.13 Ann. (7.02% Cap!!!)

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Listed by Richard Matt Shane of All Island Estates Realty Corp (516-783-5600)

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of May 17, 2026 2:19 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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