Amityville, NY 11701,225 & 227 Albany AVE
Amityville, NY 11701,225 & 227 Albany AVE
Amityville, NY 11701,225 & 227 Albany AVE
Amityville, NY 11701,225 & 227 Albany AVE
Amityville, NY 11701,225 & 227 Albany AVE
Amityville, NY 11701,225 & 227 Albany AVE
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$ 1,088,000
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$ 1,088,000
Est. payment | /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID KEYL3590600

Originating Board onekey2

Rental Info No

Year Built 1952

Annual Tax Amount $23,394

Lot Dimensions 50x100

Property Description

Calling All Investors, Developers & End-Users!!! 7 Unit 2 Building Mixed-Use Development Site Just Off Sunrise Highway For Sale!!! The Buildings Feature Will Feature Great Exposure, Excellent Signage, 23 Parking Spaces, High Ceilings, Strategically Placed Curb Cuts, A/C, All New LED Lighting, 200 Amp Power, +++!!! Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Heath, Target, The Home Depot, QuickChek, Extra Space Storage, Dunkin', Walgreens, CityMD, Valero, Taco Bell, McDonald's, Checkers, KFC, Burger King, Red Lobster, Dollar Tree, +++!!! The Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 225: Real Estate Office (900 Sqft.): $33,600 Ann. (Available) Deli (900 Sqft.): $33,600 Ann. (Available) 227: First Floor: Office 1: $9,600 Ann. M-M. (Available) Office 2: $9,600 Ann. M-M. (Available) Office 3: $14,400 Ann. M-M. (Available) Second Floor: Apt 1 (1 Br., 1 Bath): $22,800 Ann. M-M. (Available) Apt 2 (1 Br., 1 Bath): $22,800 Ann. M-M. (Available) Pro Forma Gross Income: $146,400 Ann. Expenses: Gas: $0 Electric: $0 Insurance: $2,328 Ann. Taxes: $23,394 Ann. Total Expenses: $25,722 Ann. Net Operating Income (NOI): $120,678 Ann. (Pro Forma 11.09% Cap!!!)

Location

State NY

County Suffolk County

Interior

Fireplace No

Exterior

Private Pool No

Others

Special Listing Condition None

Listed by All Island Estates Realty Corp
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+1(646) 361-1871

baraujo@turnkeyny.com

32 Pine Drive, Pound Ridge, New York, 10576, USA

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225 & 227 Albany AVE