Calling All Investors, Developers, amp ; End Users !


Property

Website:https://www.nestseekers.com/3272455
Address:
7 Brightside Avenue
East Northport, NY 11731
Cross street:Laurel Road
Ownership: For Sale
Type: Commercial
Lot Size: 6534 sq ft

Financials

Price: $988,000
Annual Taxes: $7,014

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Description

Calling All Investors, Developers, & End-Users!!! MINT 2,500 Sqft. 3 Bay Auto Repair Shop For Sale!!! The Property Features Great Exposure, Excellent Signage, 3 Bays, Office, Waiting Room, Strategically Placed Curb Cut, 22 Parking Spaces, High 16' Ceilings, 3 Phase Power, Waste Oil Heater, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of East Northport Just Off Larkfield Road 1 Block From The Northport LIRR Station!!! Neighbors Include BMW, Honda, Mazda, UPS, The Home Depot, Stop & Shop, Target, WholeFoods, Apple Bank, Planet Fitness, Gold's Gym, Dunkin', 7-Eleven, The Salvation Army, Trader Joe's, Ralph's Famous Italian Ices, Wendy's, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 3 Bay Repair Shop: $240,000 Ann. (Available) Pro Forma Gross Income: $240,000 Ann. Expenses: Electric: $0 Ann. Insurance: $1,183 Ann. Taxes: $7,014.44 Ann. Total Expenses: $8,197 Ann. Net Operating Income (NOI): $231,803 Ann. (Pro Forma 20.16 Cap!!!)

Contact

20 Main Street Southampton, NY 11968
Courtesy of All Island Estates Realty Corp