4259 Austin Blvd - Retail FOR SALE


Island Park, NY 11558- Barnum Island
$925,000 USD
516-279-8828
4259 Austin Blvd, Island Park, NY for Sale
$925,000 USD
Retail - FOR SALE
1/14
null | Request Cap Rate

4259 Austin Blvd
Island Park, NY 11558
Barnum Island


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!!
  • The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Lot, Restaurant (421.14) Zoning, +++!!!
  • The Property Has 60’ Of Frontage On Busy Austin Blvd. & Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!!
  • Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!!
  • This Property Offers HUGE Upside Potential!!!
  • This Could Be Your Next Development Site Or The Next Home For Your Business!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option. Gross Income: $72,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,300 Ann. Maintenance & Repairs: $250 Ann. Water: $0 Ann. Taxes: $13,354.87 Ann. Total Expenses: $15,904.87 Ann. Net Operating Income (NOI): $56,095.13 Ann. (6.06% Cap!!!)

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$758 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

421.14

APN/PARCEL ID

2089-43-060-00-0021-0

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.