Calling All Investors, Developers & End-Users!!! Prime Mixed Use Building/ Development Site On Route 110 For Sale!!! The Property Features Great Exposure, Excellent Signage, High 8' Ceilings, (480) Multiple Use Zoning, 18 Parking Spaces, Office, (1) 2 Br. Apartment, (1) 1 Br. Apartment, (1) Studio Apt., Full Basement, Low Property Taxes, Private Driveway & Parking Lot, Large Fenced Yard, Strategically Placed Curb Cuts, 200 Amp Power, All New LED LIghting, +++!!! This Huge 17,000+ Sqft. Property Is Situated In The Heart Of Amityville On Busy Route 110 Just North Of Sunrise Highway!!! Neighbors Include Starbucks, The Home Depot, Target, Mercedes-Benz, Kia, Nissan, 7-Eleven, Valero, Sunoco, McDonald's, Taco Bell, Pollo Campers, KFC, Walgreens, Advance Auto Parts, T-Mobile, Red Lobster, Dollar Tree, +++!!! The Property Has A Traffic Count Of Over 31,400+ Vehicles Per Day!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1st Fl. 2 Br. Apt.: $33,600 Ann. (Available)2nd Fl. 1 Br. Apt.: $26,400 Ann. (Available)3rd. Fl. Studio Apt.: $21,600 Ann. (Available)1st Fl. Office (350 Sqft.): $22,800 Ann. (Available)Full LL: $9,600 Ann. (Available) Pro Forma Gross Income: $114,000 Ann.Expenses:Gas: $0 Ann.Electric: $0 Ann.Maintenance & Repairs: $250 Ann.Insurance: $2,823 Ann.Water: $800 Ann.Taxes: $11,437.09 Ann.Total Expenses: $15,310.09 Ann.Pro Forma Net Operating Income (NOI): $98.689.91 Ann. (12.35% 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.
622 Broadway | MLS# 945433
This commercial property located at 622 Broadway, Amityville, NY 11701 is currently listed for sale with an asking price of $799,000. Search Amityville real estate on www.coldwellbankerchoice.com today.