***Please read EVERYTHING below before contacting. Thank you.***
Previous tenant surrendered the building with everything intact so the place is turn key for a restaurant grill/bar lounge/events/catering space. If you plan on selling liquor – soft or hard – then you will need a liquor license. The building is also suited for other businesses such as a medical office or a supply store.
2-floor building (currently a restaurant grill/bar) on 668 Fulton Ave/Hempstead Tpke. Walking distance west of Hofstra university. Top floor (~1800sq/ft, occupancy 79) is the main serving area with separate men and women restrooms. Also has a kitchen room. Back and side doors lead to outdoor patio area and parking lot (3000 sq ft, ~10 car spaces). Bottom floor (~1200sq/ft, occupancy 64) has lounge area, storage area with walk-in fridge, and office room equipped for a computer and security TV monitoring system.
Completely renovated from the bottom up (2011-2012) along with a new roof (Mar 2011). New lightings, building electricals, security system + cameras, keg system, refrigeration, fire system, sprinklers, plumbing, HVAC (2 units), alarm system, inside grease trap, etc… virtually everything is new since renovation (close to $500k spent). Photos were taken after prior tenant (Daddy Locos) vacated. Flooring and kitchen has been updated since.
***Please note that photos and videos were taken back when the build was occupied and fully operating, so there will be a few minor differences compared to the building now at its current state. But for the most part the building has remained the same.***
Videos:
Rent: $9995, annual increase of 3%
Property taxes (paid by landlord): Only if there are any tax increases from base year and tenant will be 2/3 responsible of the increase. So for example, if next year the total annual taxes is $100 more than the base year, tenant is responsible for $66.67 ($5.55 a month).
Building insurance (paid by landlord): Only if there are any premium increases from base year and tenant will be 2/3 responsible of the increase.
Common area maintenance (eg. parking lot and outside rear door space/area): Tenant is responsible for CAM in all areas used by tenant.
Length of lease: Minimum 3 years. 5-10 years negotiable (depending on credit history, background, etc).
Security deposit: Minimum 3 months
Lease guarantor: Required
Key money: None required!
Serious inquires only. To view the property I require your current credit score and an ID displayed at viewing. After the viewing, if interested in pursuing further then a full credit + background check will required (done by you online via TransUnion).
Feel free to contact for more photos, videos, or if you have any questions. Thank you for your interest.
Syn Yam
Property Manager
666 Fulton Ave Corp
Phone: 516-350-0090
Email: FultonAveCorp@gmail.com