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Property Description

Calling All Investors, Developers & End-Users!!! 4,200 Sqft. Marina/Hall With 19 Boat Slips In Gerritsen Beach For Sale!!!The Property Features High 17′ Ceilings, 19 Deep Water Boat Slips, 19 Parking Spaces, 88 Feet Of Waterfront, Strong R4-1 Zoning, Steel Navy Bulkhead, Private Gated Lot, Indoor Bar, Patio Area, Strategically Placed Curb Cut, 240 Amp Power, Low Property Taxes, Full Commercial Kitchen, Tin Roof, All New LED Lighting, CAC, +++!!! According To A Recent Building Inspection The Steel Navy Bulkhead Has Another 25-30 Years Left Of Life!!! The Property Is Located In The Heart Of Gerritsen Beach Near The Gerritsen Inlet Bridge & Mau Mau Island!!! Neighbors Include The Home Depot, Public Storage, Dunkin’, Cold Stone Creamery, T.J. Maxx, Tim Hortons, Aldi, +++!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 19 Boat Slips: $60,000 Ann. ($105 Per Foot) 2nd Floor Catering Hall: $72,000 Ann. (Available) 1st Floor Commercial Kitchen: $60,000 Ann. (Available) Pro Forma Gross Income: $192,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $1,138 Ann. Insurance: $3,823 Ann. Snow & Landscape: $0 Ann. Water & Sewer: $1,000 Ann. Trash: $0 Ann. Taxes: $8,836 Ann. Total Expenses: $14,797 Ann. Pro Forma Net Operating Income (NOI): $177,203 Ann. (10.13 Cap!!!)

Features
: Natural Gas
: Dishwasher, Refrigerator, Dryer
: Sprinkler Lawn System
2
: Hardwood
2
: Eat-in Kitchen, Living Room / Dining Room, Master Downstairs, 1st Floor Bedrm, Formal Dining Room, Master Bath, Powder Room, Cathedral Ceiling(s), Home Office, Guest Quarters, Walk-in Closet(s), Wet Bar
: Near Public Transit, Level, Cul-de-sec
: Attached, 2 Car Attached, Private
: Cesspool
Address Map
NY
NY
Kings (Brooklyn)
Muttontown Eastwood rd right on Sterling ct, house is on right side
Property and Construction
: Ranch
: Frame, Vinyl Siding
Syosset Senior High School
: Dishwasher, Refrigerator, Dryer, Energy Star Appliance(s)
176463
CBE01
South Woods Middle School
1
2
1
2
$8,836
: Public
R4 Amus Pk
24

Commercial Sale For Sale

1 Merit Court, New York, NY

9,569 Acre
$1,750,000
Listing ID #L3577826
Basic Details
Property Type : Commercial Sale
Property SubType : Retail
Listing ID : L3577826
Price : $1,750,000
Building Area : 4,200 Sqft
Lot Area : 9,569 Acre
Year Built : 1948
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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