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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!!!)

Features
: Dishwasher, Oven, Refrigerator, Microwave
: Park, Near Public Transportation, Pool
: Balcony
2
: Hardwood
1
: Eat-in Kitchen, Elevator, Entrance Foyer, Granite Counters, Master Bath, Powder Room, Exercise Room, Sauna, Walk-in Closet(s), Separate Thermostat
: Common Area
: Near Public Transit
: Garage, Common, Unassigned, Off Street, Parking Lot, Detached, 1 Car Detached
: Public Sewer
: Bay, Waterfront, Beach Access, Ocean Access, Beach Front
Address Map
Babylon
NY
Suffolk County
North
Sunrise N/Albany
Property and Construction
: Apt In Bldg
: Doorman
: Sewer, Maintenance Grounds, Trash, Water, Pool Care
: Other, Stucco
Long Beach High School
: A/c Units, Dishwasher, Refrigerator, Microwave, Mailbox, Shades/blinds, Curtains/drapes, Gas Grill
: Off Season, August-labor Day
: Two
176463
CBE01
Long Beach Middle School
1
7
: Mint!
: Sewer, Cable Tv, Trash Collection, Ground Care, Water, Pool Care, Management, Recycling, Snow Removal
1
: Security Deposit, See Remarks
8
$23,394
: Public
mixed use
9

Commercial Sale For Sale

225 & 227 Albany Avenue, Babylon, NY

4,021 Sqft
$1,088,000
Listing ID #L3590600
Basic Details
Property Type : Commercial Sale
Property SubType : Mixed Use
Listing ID : L3590600
Price : $1,088,000
Square Footage : 4,021 Sqft
Building Area : 4,021 Sqft
Lot Area : 11,250 Acre
Year Built : 1952
Status : Active
Status : Active
Listing Office : All Island Estates Realty Corp
Listing Agent : Richard Matt Shane
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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