$1,088,000

225 & 227 Albany Avenue, Amityville, NY 11701, US

Summary

Half Baths: 0
Style: Mixed Use
Sq Ft: 4021
Year Built: 1952

Moving Quotes

primary photo for 225 & 227 Albany Avenue, Amityville, NY 11701, US

Remarks

Calling All Investors, Developers & End-Users!!! 7 Unit 2 Building Mixed-Use Development Site Just Off Sunrise Highway For Sale!!! The Buildings Feature Will Feature Great Exposure, Excellent Signage, 23 Parking Spaces, High Ceilings, Strategically Placed Curb Cuts, A/C, All New LED Lighting, 200 Amp Power, +++!!! Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Heath, Target, The Home Depot, QuickChek, Extra Space Storage, Dunkin', Walgreens, CityMD, Valero, Taco Bell, McDonald's, Checkers, KFC, Burger King, Red Lobster, Dollar Tree, +++!!! The Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 225: Real Estate Office (900 Sqft.): $33,600 Ann. (Available) Deli (900 Sqft.): $33,600 Ann. (Available) 227: First Floor: Office 1: $9,600 Ann. M-M. (Available) Office 2: $9,600 Ann. M-M. (Available) Office 3: $14,400 Ann. M-M. (Available) Second Floor: Apt 1 (1 Br., 1 Bath): $22,800 Ann. M-M. (Available) Apt 2 (1 Br., 1 Bath): $22,800 Ann. M-M. (Available) Pro Forma Gross Income: $146,400 Ann. Expenses: Gas: $0 Electric: $0 Insurance: $2,328 Ann. Taxes: $23,394 Ann. Total Expenses: $25,722 Ann. Net Operating Income (NOI): $120,678 Ann. (Pro Forma 11.09% Cap!!!)

Details

MLS#: L3590600
Price: $1,088,000

Style: Mixed Use
Baths Half: 0
Sq Ft: 4021
Year Built: 1952

County: Suffolk County
Lot Size: 50x100
Tax Fee: 23394

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Broker Contact


All Island Estates Realty Corp
3242 Railroad Ave
Wantagh, NY, 11793
US
Judith Lucca Shane
! 516-783-5600
! judith@allislandestates.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by OneKey MLS
Last updated: 2024-11-25T18:45:39.000-05:00.
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