1969-1973 New York Avenue, Huntington, NY, 11746
$1,090,000
$1,120,000
activeType
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
Calling All Investors, Developers & End-Users!!! 9.26 Cap 3,000 Sqft. Corner Free Standing Building On Route 110 For Sale!!! The Property Features Excellent Signage, Great Exposure, High 9’ Ceilings, 33 Parking Spaces, C-6 Zoning, 3 Phase Power, 2 Strategically Placed Curb Cuts, Private Parking Lot, Security System, 2 Stores, (1) 3 Br. Apartment, Basement, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Huntington Station On Busy New York Ave. Just A Few Blocks Off Jericho Tpke.(Rt. 25) Near The Walt Whitman Shops!!! The Property Has 104’ Of Frontage On Busy New York Avenue + 80’ Of Frontage On W. 19th Street!!! Neighbors Include Audi, BMW, Honda, Mazda, Northwell Health, Target, Staples, CVS, Kay Jewelers, Best Buy, LA Fitness, AutoZone, Wendy’s, Taco Bell, Harbor Freight, Chick-fil-A, Aboff’s Paints, Carvel, Macy’s, Checkers, +++!!! This Property Has A Daily Traffic Count Of 15,500+ Vehicles Per Day!!! This Property Offers HUGE UPSIDE Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Barber Shop: $18,000 Ann.; $1,200 Ann. Inc.; Lease Exp.: 11/1/31. Car Dealer (Office + 26 Car Yard): $60,000 Ann.) 3 Br. Apt.(1,500 Sqft.): $38,400 Ann. M-M Gross Income: $116,400 Ann. Expenses: Gas: $0 Ann. Oil: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,450 Ann. Water: $1,200 Ann. Taxes: $11,561.52 Ann. Total Expenses: $15,461.52 Ann. Net Operating Income (NOI): $100,938.48 Ann. (9.26% Cap!!!)
Listed by Richard Matt Shane, All Island Estates Realty Corp
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