About This Property
Turnkey, profitable specialty cafe averaging $40,000/month in gross sales with strong online presence and loyal customer base. Semi-absentee owner takes home approximately $9,000/month, working only 3–4 hours per week. Fully staffed with trained team and shift leader-no manager needed.
Located in a high-visibility plaza with no competing cafes or eateries, giving this business exclusive food and beverage rights within the center. Modern interior and updated menu completed in 2024. Long operating hours drive strong evening and weekend traffic.
Seller willing to provide full training and transition support.
Confidential listing – exact location disclosed to qualified buyers upon NDA.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2025 | Listed by Credent Real Estate | $335,000 | |
| Listed by Credent Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017