622 Broadway - Retail FOR SALE


Amityville, NY 11701- North Amityville
$899,000 USD
516-279-8828
622 Broadway, Amityville, NY for Sale
$899,000 USD
Retail - FOR SALE
1/29
null | 10.98% Cap Rate

622 Broadway
Amityville, NY 11701
North Amityville


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! Prime Mixed Use Building/ Development Site On Route 110 For Sale!!!
  • The Property Features Great Exposure, Excellent Signage, High 8’ Ceilings, (480) Multiple Use Zoning, 18 Parking Spaces, Office, 2 Br. Apartment, ++!!
  • This Huge 17,000+ Sqft. Property Is Situated In The Heart Of Amityville On Busy Route 110 Just North Of Sunrise Highway!!
  • Neighbors Include Starbucks, The Home Depot, Target, Mercedes-Benz, Kia, Nissan, 7-Eleven, Valero, Sunoco, McDonald's, Taco Bell, Pollo Campero, +++!!
  • The Property Has A Traffic Count Of Over 31,400+ Vehicles Per Day & The Entire Building Can Be Delivered Vacant If Need Be.
  • This Property Has HUGE Upside Potential!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! Prime Mixed Use Building/ Development Site On Route 110 For Sale!!! The Property Features Great Exposure, Excellent Signage, High 8’ Ceilings, (480) Multiple Use Zoning, 18 Parking Spaces, Office, (1) 2 Br. Apartment, (1) 1 Br. Apartment, (1) Studio Apt., Full Basement, Low Property Taxes, Private Driveway & Parking Lot, Large Fenced Yard, Strategically Placed Curb Cuts, 200 Amp Power, All New LED LIghting, +++!!! This Huge 17,000+ Sqft. Property Is Situated In The Heart Of Amityville On Busy Route 110 Just North Of Sunrise Highway!!! Neighbors Include Starbucks, The Home Depot, Target, Mercedes-Benz, Kia, Nissan, 7-Eleven, Valero, Sunoco, McDonald's, Taco Bell, Pollo Campero, KFC, Walgreens, Advance Auto Parts, T-Mobile, Red Lobster, Dollar Tree, +++!!! The Property Has A Traffic Count Of Over 31,400+ Vehicles Per Day!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 1st Fl. 2 Br. Apt.: $33,600 Ann. (Available) 2nd Fl. 1 Br. Apt.: $26,400 Ann. (Available) 3rd. Fl. Studio Apt.: $21,600 Ann. (Available) 1st Fl. Office (350 Sqft.): $22,800 Ann. (Available) Full LL: $9,600 Ann. (Available) Pro Forma Gross Income: $114,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2,823 Ann. Water: $800 Ann. Taxes: $11,437.09 Ann. Total Expenses: $15,310.09 Ann. Pro Forma Net Operating Income (NOI): $98.689.91 Ann. (10.98% Cap!!!)

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$409 USD /SF

CAP RATE

10.98%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

480

APN/PARCEL ID

0100-165-00-01-00-013-000

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 Notice.