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$ 799,000
Est. payment /mo
Price Dropped by $26K
622 Broadway Amityville, NY 11701
0.41 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 945433
Rental Info No
Year Built 1964
Annual Tax Amount $11,437
Lot Size 0.413 Acres
Acres 0.4128
Property Sub-Type Mixed Use
Source onekey2
Property Description
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 Campers, 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. (12.35% Cap!!!)
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. (12.35% Cap!!!)
Location
State NY
County Suffolk County
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Total Parking Spaces 18
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • Richard Matt Shane
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