Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No
Lot Size: 0.37 Acres

Financials

Price:$1,688,000
Annual Taxes:$21,117
25 Nugent Street, Southampton, NY 11968, USA
Listing Courtesy of All Island Estates Realty Corp

Description

Calling All Investors, Developers & End-Users!!! Auto Body & Repair Shop On A 16,000+ Sqft. Lot On Route 110 For Sale!!! The Property Features Excellent Signage, Great Exposure, High 17’ Ceilings, 36 Parking Spaces, C-6 Zoning, 3 Phase Power, Spray Booth, 4 Lifts, 3 Drive-In Roll Up Doors, 2 Waiting Areas, 2 Strategically Placed Curb Cuts, Private Parking Lot, Security System, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Huntington Station On Busy New York Ave. Just A Few Blocks Off Jericho Tpke.(Rt. 25) & The Walt Whitman Shops!!! The Property Has 104’ Of Frontage On Busy New York Avenue Street!!! Neighbors Include Audi, BMW, Honda, Mazda, Northwell Health, Target, Staples, CVS, Kay Jewelers, Best Buy, LA Fitness, AutoZone, Wendy’s, Taco Bell, Harbor Freight, Chick-fil-A, Aboff’s Paints, Carvel, Macy’s, Checkers, +++!!! This Property Has A Daily Traffic Count Of 15,500+ Vehicles Per Day!!! This Property Offers HUGE UPSIDE Potential!!! This is Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Auto Body Shop (3,260 Sqft.): $84,000 Ann. Rear Auto Repair Shop (3,260 Sqft.): $60,000 Ann. Gross Income: $144,000 Ann. Expenses: Gas: $0 Ann. Oil: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $3,263 Ann. Water: $1,200 Ann. Landscape: $0 Ann. Taxes: $21,117.11 Ann. Total Expenses: $25,830.11 Ann. Net Operating Income (NOI): $118,169.89 Ann. (7% Cap!!!)

Amenities

  • Electricity Available

Calling All Investors, Developers amp ; End Users !


    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.