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Details

Immediate Sale Directed via Public Auction

Spectacular 5,500 Sq Ft Turn-Key Freestanding Restaurant on Main Thoroughfare

Sold Fully Equipped – Large On-Site Parking Lot + Street Parking Available

Details:

  • 330 Merrick Road, Amityville (Southern Amityville), NY 11701
  • Formerly Operating as “Bellissimo Ristorante Italiano”
  • 5,500 Sq Ft Building on Prime Corner Lot
  • Spectacular $900,000 Build-out, Truly a Must See!
  • Sold Fully Equipped with all Furniture, Fixtures & Equipment (Plus General Intangibles)
  • Ample On-Site Parking Plus Legal Street Parking
  • Prime Owner-Operator or Investor Opportunity
  • 97′ Frontage on Merrick Road
  • Curb Cuts on Both Merrick Road and Wood Avenue
  • Lot Size: 17,900+/- Sq Ft
  • Property Class: Restaurant Building
  • District: 101   Section: 800   Block: 200   Lot: 17001
  • Parcel ID: S0101-008-00-02-00-017-001
  • Annual Real Estate Taxes: $38,000 (Appx)
  • $850,000 Opening Bid

Inspections/Viewings:  Mondays, December 1st & 8th from 2:00 pm – 4:00 pm.

Auction Date & Time:  Thursday, December 11th at 11:00 am.  Registration begins at 10:00 am.

Auction Location:  The Office of the Auctioneer, 39 Windsor Place, Central Islip, NY 11722.  Absentee bidding available with pre-registration at least 48 hours prior to auction.

Terms & Conditions of Sale: Property will be sold free & clear of all liens, claims & encumbrances.  In order to register to bid, all prospective bidders must present a cashier’s check in an amount of $85,000 made payable to “David R. Maltz & Co., Inc.”.  Closing must occur within 45 days after the auction. Successful Bidder shall be granted a 30-day extension to close if he/she posts an additional non-refundable 10% deposit.  Subject to sale prior to auction as pre-auction offers will be considered.  Please download the complete Terms and Conditions of Sale.

Buyer’s Premium:  An eight percent (8%) Buyer’s Premium will be added to the Successful Bidder’s high bid to determine the contract price to be paid by the Successful Bidder.

Buyer Broker Participation:  A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.

Have Questions? Get In Touch

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David R. Maltz, Auctioneer DCA# 762794
Richard B. Maltz, Auctioneer DCA# 1240836
David A. Constantino, Auctioneer DCA# 1424944
Richard B. Maltz, Licensed Real Estate Broker
Phone (516) 349-7022  Fax (516) 349-0105

This Property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the Property is made by the Seller, Auction Company or any of their Agents.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified.  It is the responsibility of the Buyer and/or Buyer’s Broker to determine the accuracy of all components of the sale and Property.    Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the Property, including without limitation, environmental and physical condition of the Property.  All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.

Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.