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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID KEYL3530048
Originating Board onekey2
Rental Info No
Annual Tax Amount $13,584
Lot Dimensions 50x155
Property Description
Calling All Investors, Developers & End-Users!!! Approved Buy & Build 6 Condo Project For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp Power, High 9' Ceilings, 18 Parking Spaces, Sprinklers, Strong Zoning, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Lynbrook Just Blocks From The Lynbrook LIRR & Sunrise Hwy.!!! Neighbors Include Audi, Mercedes-Benz, Ford, Starbucks, Wyndham Hotels, CubeSmart Self Storage, 7-Eleven, Dunkin, Mavis Discount Tire, Enterprise-Rent-A-Car, Mattress Firm, Taco Bell, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 33A (2 Br., 2 Bath): $43,200 Ann. (Available) 33B (2 Br., 2 Bath): $43,200 Ann. (Available) 33C (2 Br., 2 Bath): $43,200 Ann. (Available) 33D (2 Br., 2 Bath): $43,200 Ann. (Available) 33E (2 Br., 2 Bath): $43,200 Ann. (Available) 33F (2 Br., 2 Bath): $43,200 Ann. (Available) Pro Forma Gross Income: $259,200 Ann. Expenses: Maintenance & Repairs: $250 Ann. Insurance: $2,813 Ann. Taxes: $13,584.83 Ann. Total Expenses: $16,647.83 Ann. Net Operating Income (NOI): $242,553 Ann. (Pro Forma 19.40 Cap!!!)
Location
State NY
County Nassau County
Interior
Fireplace No
Exterior
Total Parking Spaces 18
Private Pool No
Building
Story 2
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp
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