232-236 Broadway
amityville, NY 11701$2,200,000
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Calling All Investors, Developers & End-Users!!! 7.75 Cap 100% Occupied 5 Unit Mixed-Use Property 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 & Located In The Heart Of Amityville 1 Block From The Amityville LIRR Station!!! Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Health, Target, The Home Depot, QuickChek, Extra Space Storage, Dunkin’, Walgreens, CityMD, Valero, Taco Bell, McDonald’s, Checkers, KFC, Burger King, Red Lobster, Dollar Tree, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Nail Salon: $24,000 Ann. M-M.
Beauty Parlor: $24,000 Ann. M-M.
Diner: $120,000 Ann.
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. (7.75% Cap!!!)
Details
5,600 Sq Ft
0.47 Private Acres Exterior Space
Commercial
$34,157 Annual Tax
Built in 1966
MLS/Listing ID 802639
Amenities & Features
Construction - Frame
Cooling - Central Air
Heating - Oil
Construction - Brick
Listing Courtesy of ALL ISLAND ESTATES REALTY CORP, RICHARD MATT SHANE - 516-279-8828
Source of Data: ONEKEY MLS