$ 925,000
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$925,000
Price -
0
Bed - Bath
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0
SqFt
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About the Listing CBE01 - 176463
Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option. Gross Income: $72,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,300 Ann. Maintenance & Repairs: $250 Ann. Water: $0 Ann. Taxes: $13,354.87 Ann. Total Expenses: $15,904.87 Ann. Net Operating Income (NOI): $56,095.13 Ann. (6.06% Cap!!!)
Listing Highlights for 4259 Austin Boulevard
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Air
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $13,352
- Taxes w/Assessments: N/A
- Tax/Property ID: 2089-43-060-00-0021-0
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
4259 Austin Boulevard Island Park, NY 11558
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