MLS#: 802639

$3,700,000 USD

The details

Property features

Construction details

  • Year built: 1966

Other features

  • Property features: Basement
  • Cooling system: Central AC
  • Heating system: Oil

Description

Calling All Investors, Developers & End-Users!!! 20,280+ Sqft. Mixed-Use Development Site On Broadway For Sale!!! The Buildings Feature Great Exposure, Excellent Signage, 30 Parking Spaces, High 9’ Ceilings, Strategically Placed Curb Cuts, Ramp, Sprinklers, Accessible Bathrooms, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Has 138+ Feet Of Frontage On Busy Broadway & Is Located In The Heart Of Amityville 1 Block From The Amityville LIRR Station!!!

Income:


Nail Salon: $24,000 Ann. M-M.


Beauty Parlor: $24,000 Ann. M-M.


Diner: $120,000 Ann. M-M (Delivered Vacant)


Apt. 1 (2 Br., 1 Bath): $21,600 Ann. M-M.


Apt. 2 (2 Br., 1 Bath): $24,000 Ann. M-M.


Gross Income: $213,600 Ann.


Expenses:


Oil: $3,000 Ann.


Electric: $0 Ann.


Insurance: $4,223 Ann.


Water: $1,500 Ann.


Taxes: $34,348.45 Ann.


Total Expenses: $43,071.45 Ann.


Net Operating Income (NOI): $170,528.55 Ann.

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Location

Babylon, New York
Courtesy of Richard Matt Shane All Island Estates Realty Corp

Listing Contact: 516-783-5600