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$ 1,389,000
Est. payment /mo
Active
620 Shore RD Lindenhurst, NY 11757
10,497 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 961794
Rental Info No
Annual Tax Amount $18,329
Lot Size 10,497 Sqft
Acres 0.241
Property Sub-Type Other
Source onekey2
Property Description
Rare opportunity to acquire a 1/2 acre assemblage, Two parcels being sold together. ( 620 & 628 Shore Rd ). 628 Shore Rd is vacant land and 620 Shore Rd is currently improved with income-producing mechanic shop / warehouse with tenant paying $8,000/Month. The Village has indicated support for a minimum of 8 senior housing units 2 Bedrooms 1.5 Baths approximately 1,500 SF each. The elevated construction concept strategy already contemplated ( piles/helicals with under-unit car ports, post sandy coastal style construction. With $8,000/Month cash flow from existing mechanic/ warehouse tenant gives a developer ability to collect income while advancing approvals and environmental due diligence are completed.
Location
State NY
County Suffolk County
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by Birch Hill Realty Consultants • Joseph T. Zegarelli
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