350 Sunrise Hwy

west babylon, NY 11704

$1,295,000

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    Calling All Investors, Developers & End-Users!!! 5,400+ Sqft. Free Standing Building On A 12,150 Sqft. Lot On Sunrise Highway For Sale!!! The Property Features Excellent Signage, Great Exposure, High 12’ Ceilings, 28 Parking Spaces In A Private Lot, 460 Zoning, 3 Phase Power, 2 Strategically Placed Curb Cuts, Accessible Parking & Bathrooms, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of West Babylon Situated In Between The Route 109 & Route 231!!! The Property Has 74’ Of Frontage On Busy Sunrise Highway!!! The Property Has A Daily Traffic Count Of 76,000+ Vehicles Per Day!!! Neighbors Include Subaru, The Home Depot, P.C. Richard & Son, U-Haul, Public Storage, Lowe’s Home Improvement, Stop & Shop, 7-Eleven, Dunkin’, McDonald’s, Firestone, Mavis Discount Tire, Pep Boys, Outback Steakhouse, Applebee’s Bar & Grill, Taco Bell, Dollar Tree, Orangetheory Fitness, Lidl, +++!!! This Property Offers HUGE UPSIDE Potential!!! This is Could Be Your Next Development Site Or The Next Home For Your Business!!!



    Income:



    Ash Hot Yoga: $120,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2027; Tenant Has Option(s) To Extend Up To Another 10 Years.



    Expenses:



    Gas: $0 Ann.



    Electric: $0 Ann.



    Insurance: $2,810 Ann.



    Snow & Landscape: $600 Ann.



    Water: $0 Ann.



    Sewer: $0 Ann.



    Trash; $0 Ann.



    Taxes: $26,500 Ann.



    Total Expenses: $29,910 Ann.



    Net Operating Income (NOI): 90,090 Ann. (6.96% Cap!!!)

    Details

    4,200 Sq Ft

    0.2789 Private Acres Exterior Space

    Commercial

    $26,775 Annual Tax

    Built in 1963

    MLS/Listing ID 817095

    Amenities & Features

    Construction - Frame

    Heating - Natural Gas

    Cooling - Central Air

    Listing Courtesy of ALL ISLAND ESTATES REALTY CORP, RICHARD MATT SHANE - 516-279-8828

    ONEKEY

    Source of Data: ONEKEY MLS

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