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Off Market
1/9

1544-1556 Union Blvd
Bay Shore, NY 11706


OVERVIEW

Calling All Investors & Developers!!! 100% Occupied 5 Unit Mixed-Use Corner Property For Sale!!! Located On The Corner Of Union Ave. & N. Clinton Blvd. This Property Offers 190' Of Frontage On Union Blvd.!!! The Property Is Comprised Of A 2,000 Sqft. Corner House, 2 Retail Stores, A 2 Car Garage & An Additional 3 Br House. The Property Features Excellent Location At A Signalized Intersection, Great Exposure, +++!!! Corner House: $42,000 Ann. (M-M) Salon: $21,600 Ann. (Lease Exp. 6/1/2024; $100 Per Month Ann. Increase) 2 Car Garage: $7,200 (M-M) 3 Br House: $30,000 Ann. (M-M) Beauty Store: $18,000 Ann. (Lease Exp. 6/1/2024; $100 Per Month Ann. Increase) Gross Income: $118,800 Expenses: Gas: $0 Electric: $0 Maintenance & Repairs: $400 Insurance: $4,200 Taxes: $22,000 Water: $0 Landscaping/ Snow: $0 Total Expenses: $26,600 Net Operating Income (NOI): $92,200 (9.33 Cap!!!)

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

4580

STORIES

1

YEAR BUILT

1956

SPRINKLERS

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PARKING SPACES

2

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

0500-392-00-03-00-062-000