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Key Details
Sold Price $780,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $325
MLS Listing ID L3288175
Year Built 1991
Property Description
Calling All Investors, Developers & End-Users!!! 100% Occupied 9.19 Cap 2 Unit Building For Sale!!! Located At A Lighted Intersection The Property Features Great Exposure, Excellent Signage, Central Air, 12+ Parking Spaces, High Ceilings, Strategically Placed Curb Cuts, +++!!! This Portion Of Broadway (A.K.A. Route 110) Has A Daily Traffic Count Of 46,000 Vehicles Per Day!!! Neighbors Include Starbucks, Checkers, Advance Auto Parts, Taco Bell, +++!!! Income: Jerk Chicken Restaurant: $43,200 Ann.; Lease Exp. 1/1/2030; $1,200 Ann. Inc. (1,200 Sqft.) Tax Rebate From Jerk Chicken Restaurant: $4,000 Ann. Deli: $39,600 Ann.; Lease Exp. 6/1/2036 (1,200 Sqft.) Deli Tax Rebate: $4,000 Gross Income: $82,600 Ann. Expenses: Taxes: $7,000 (Owners Portion) Insurance: $3,400 Water: $0 Gas: $0 Electric: $0 Water: $0 Maintenance & Repairs: $0 Total Expenses: $10,400 Net Operating Income (NOI): $72,400 Ann. (9.19 Cap), Additional information: Business Located At:, Building Size:2400 SF
Location
State NY
County Suffolk County
Others
Special Listing Condition None
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Bought with All Island Estates Realty Corp
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