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Property Description
Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option.
Gross Income: $72,000 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Insurance: $2,300 Ann.
Maintenance & Repairs: $250 Ann.
Water: $0 Ann.
Taxes: $13,354.87 Ann.
Total Expenses: $15,904.87 Ann.
Net Operating Income (NOI): $56,095.13 Ann. (6.06% Cap!!!)
Features
- Heating System:
- Natural Gas
- Cooling System:
- Central Air
- Sewer:
- Public Sewer
- Utilities:
- Natural Gas Connected, Electricity Connected, Sewer Connected, Phone Connected
Address Map
- City:
- Hempstead
- State:
- NY
- County:
- Nassau County
- Directions:
- Kingston to Austin Blvd
Property and Construction
- Development Status:
- Block, Frame, Other
- Agent MlsId:
- 176463
- Office MlsId:
- CBE01
- Special Listing Conditions:
- No
- Tax Annual Amount:
- $13,352
- Water Source:
- Public
- PhotosCount:
- 14
Commercial Sale For Sale
4259 Austin Boulevard, Hempstead, NY
6,000 Acre
$925,000
Listing ID #909058
Basic Details
- Property Type :
- Commercial Sale
- Property SubType :
- Business
- Listing ID :
- 909058
- Price :
- $925,000
- Bathrooms Total :
- 0
- Building Area :
- 1,220 Sqft
- Lot Area :
- 6,000 Acre
- Year Built :
- 2005
- 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
