Calling All Investors, Developers & End-Users!!! 7,700+ Sqft. 4 Unit Free Standing Building On A 18,875 Sqft. Lot For Sale In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14' Ceilings, 32 Parking Spaces In A Private Gated Parking Lot, Office Building Zoning, 3 Phase Power, Conference Room, Private Offices, 2 Apartments, Strategically Placed Curb Cuts, Accessible Parking, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Blocks From The Long Beach Bridge!!! The Property Has 205' Of Frontage On Busy Austin Blvd. + 204' Of Frontage On Broadway!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello's Ace Hardware, King Kullen, Dunkin', Wendy's, McDonald's, Trader Joe's, +++!!! This Property Offers HUGE UPSIDE Potential!!! This is Could Be Your Next Development Site Or The Next Home For Your Business!!!Income: Apt. 1 (1 Br.): $31,200 Ann. M-M. Apt. 2 (1 Br.): $31,200 Ann. M-M.4,500 Sqft. Office + 800 Sqft. Warehouse: $120,000 Ann. NNN. Lease Exp.: 6/15/26. Gross Income: $182,400 Ann.Expenses:Gas: $2,000 Ann. (Apartments Only)Electric: $0 Ann.Insurance: $3,253 Ann.Maintenance & Repairs: $250 Ann.Water: $0 Ann.Taxes: $38,695.30 Ann. Total Expenses: $44,198.30 Ann. Net Operating Income (NOI): $138,201.70 Ann. (7.09% Cap!!!)
Listing By
Agency Name: All Island Estates Realty Corp
Agency Contact: 516-783-5600
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
4435 Austin Boulevard | MLS# 908808
This commercial property located at 4435 Austin Boulevard, Island Park, NY 11558 is currently listed for sale with an asking price of $1,950,000. Search Island Park real estate on www.coldwellbankerchoice.com today.