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Property Description

This offering features three structures on one deeded lot in the heart of Bay Shore’s Business District. Seventy Park Ave is a 2,600 sq ft commercial building with a current CO allowing the first floor apartment to be used as a Personal Service business and residence, and the second floor as a separate apartment. The current owner is using both floors as a one family residence with a Personal Service business. The property offers parking for 5 to 7 vehicles and includes many updates throughout including the kitchen, three full bathrooms, and a full roof replacement completed approximately six years ago. Additional building features include natural gas hook up in house for cooking, an oil heating system and exterior cellar access to a full unfinished basement. The property is connected to sewers and public water, has commercial dumpster service for rubbish removal, and contains three electrical meters: two residential panels for the first and second floors and one commercial panel servicing the basement and garage. There is also a 400 sq ft detached two car garage and an additional 1100 sq ft building at 1636 and 1636A Union Blvd, CO’d as a legal two family dwelling with a studio and a one bedroom apartment. These units are separately metered for electric, with the studio operating on electric heat and the one bedroom having its own gas heating system. Both units are currently vacant. The property presents an opportunity to reposition multiple units at once, resolve outstanding violations, and capitalize on strong rental demand for studio, one bedroom, and two bedroom apartments in the area. With flexible layouts, on site parking, and significant upside through renovation and potential expansion, this asset is well suited for investors seeking value add potential and long term income growth.

Features
Heating System:
Oil, Baseboard
Cooling System:
No
Basement:
Unfinished, Bilco Door(s), Storage Space
Fence:
Fenced
Appliances:
Dishwasher, Oven, Refrigerator, Stainless Steel Appliance(s), Freezer, Exhaust Fan, Gas Cooktop
Flooring:
Hardwood, Carpet, Tile
Lot Features:
Corner Lot
Parking Features:
Driveway, Garage
Sewer:
Public Sewer
Utilities:
Natural Gas Connected, Electricity Connected, Water Connected, Sewer Connected
Address Map
City:
Islip
State:
NY
County:
Suffolk County
Property and Construction
Development Status:
Brick, Stucco
Agent MlsId:
101093
Office MlsId:
SPH07
Number Of Units:
4
Special Listing Conditions:
No
Stories Total:
2
Tax Annual Amount:
$21,136
Water Source:
Public
Zoning:
BD
PhotosCount:
45

Commercial Sale For Sale

70 Park Avenue, Islip, NY

7,405 Acre
$1,500,000
Listing ID #940105
Basic Details
Property Type :
Commercial Sale
Property SubType :
Mixed Use
Listing ID :
940105
Price :
$1,500,000
Bathrooms Total :
0
Building Area :
2,600 Sqft
Lot Area :
7,405 Acre
Year Built :
1925
Status :
Active
Status :
Active
Listing Office :
Signature Premier Properties
Listing Agent :
Dorothy E. Ziccardi
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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