8 Acres of subdividable commercial land located along the Route 58 Corridor – the commercial hub of Eastern Long Island. Property includes NNN tenant that generates income and covers the property taxes, CAM, and insurance. Subdividable - minimum lot size is 2 acres - could be subdivided up to 4 lots. Permitted FAR is 25%. FAR can be increased to 30% with TDR's. City Water and Sewer. Property is located in a Qualified Opportunity Zone – IRS Tax Code - may provide tremendous tax benefits, including deferral and increased basis, PLUS the elimination of all future capital gains on the re-sale of the property. Permitted Uses Include: - Self-Storage / Warehouse - Go Cart Raceway: Indoor/Outdoor - Miniature Golf Course - Contractor's Space - Outdoor storage - Gym Physical Fitness - Auto Service and Repairs - Marine Service and Repairs - Medical Labs - Veterinary Services and Kennel - Wholesale Businesses - General Manufacturing - More.... PLEASE DO NOT DISTURB HYDRANT HOTEL TENANT** **NDA required & Proof of Funds required for tenant info.