Listed By All Island Estates Realty Corp
The Commercial Property for Sale located at 232-236 Broadway, Babylon, New York 11701 is currently for sale. 232-236 Broadway, Babylon, New York 11701 is listed for $3,700,000.
$3,700,000 USD
Commercial for Sale, 232-236 Broadway, Babylon, New York 11701
- MLS#802639
Property features
Property
- Features: Basement
Lot/Land
- Land/Lot size:
1,884 m² (20,280 ft²)
Construction
- Year built: 1966
- Construction: Brick
Heating and Cooling
- Heating system: Oil
- Cooling system: Central AC
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
232-236 Broadway, Babylon, New York 11701