West Babylon, NY 11704

Property

Ownership: For Sale
Type: Retail

Financials

Price:$4,500,000
Annual Taxes:$68,758
6243 Northern Blvd
Phone:
Listing Courtesy of AllKey Realty Coporation

Prime investment opportunity featuring a well maintained strip mall with 7 retail units and ample parking for approximately 30 vehicles.

Description

Prime investment opportunity featuring a well-maintained strip mall with 7 retail units and ample parking for approximately 30 vehicles. This income-producing property is fully occupied by a diverse tenant mix, including a church, Pizza King, barber shop, laundromat, Chinese restaurant, bagel shop, and Fuego Bar & Restaurant. The property generates a strong annual gross income of $315,907, with total expenses of $82,578, resulting in an impressive net income of $233,329. High visibility and convenient access make it an attractive location for tenants and customers alike. A solid addition to any investment portfolio with consistent cash flow and long-term potential.

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.