Apt: 4
Oyster Bay, NY 11758

Property

Ownership: For Sale
Type: Retail
Lot Size: 0.3 Acres

Financials

Price:$1,650,000
Annual Taxes:$45,440
6243 Northern Blvd
Phone:
Listing Courtesy of Promise Realty LLC

Strip Mall for sale, Cap 6, Gross income 150K, Net Income NOI 100K, Only Cash Buyer Fully Leased, Long Leases, Stable Income.

Description

+Strip Mall for sale, Cap 6%, Gross income 150K, Net Income(NOI)100K, + Only Cash Buyer + Fully Leased, Long Leases, Stable Income. current tenants- Nail Spa, Smoke Shop, Pharmacy, Storage +High Traffic (Strong visibility on Merrick Rd), Retail Strip Mall +Investment Opportunity, +17 parking front and back +Stable long-term tenants through 2033-2038, value-add potential(renewal). +good for 1031 buyer, retirement cash flow,

Amenities

  • Accessible Entrance
  • Awnings
  • Bathrooms
  • Corner Lot
  • Electricity Connected
  • Fire Alarm
  • Fire Sprinkler System
  • High Speed Internet
  • Natural Gas Connected
  • Sewer Connected
  • Subdivided
  • Trash Collection Private
  • Water Connected

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.