1. New York
  2. Amityville
  3. 232-236 Broadway
$2,200,000

232-236 Broadway, Amityville, NY 11701

  • 5,600 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1966
  • Property Lot Size Icon0.47acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $393/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Calling All Investors, Developers & End-Users!!! 7.75 Cap 100% Occupied 5 Unit Mixed-Use Property On Broadway For Sale!!! The Buildings Feature Great Exposure, Excellent Signage, 30 Parking Spaces, High 9’ Ceilings, Strategically Placed Curb Cuts, Ramp, Sprinklers, Accessible Bathrooms, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Has 138+ Feet Of Frontage On Busy Broadway & Located In The Heart Of Amityville 1 Block From The Amityville LIRR Station!!! Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Health, Target, The Home Depot, QuickChek, Extra Space Storage, Dunkin’, Walgreens, CityMD, Valero, Taco Bell, McDonald’s, Checkers, KFC, Burger King, Red Lobster, Dollar Tree, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Nail Salon: $24,000 Ann. M-M. Beauty Parlor: $24,000 Ann. M-M. Diner: $120,000 Ann. Apt. 1 (2 Br., 1 Bath): $21,600 Ann. M-M. Apt. 2 (2 Br., 1 Bath): $24,000 Ann. M-M. Gross Income: $213,600 Ann. Expenses: Oil: $3,000 Ann. Electric: $0 Ann. Insurance: $4,223 Ann. Water: $1,500 Ann. Taxes: $34,348.45 Ann. Total Expenses: $43,071.45 Ann. Net Operating Income (NOI): $170,528.55 Ann. (7.75% Cap!!!)

Listing Status:
Active
Listing Office:
All Island Estates Realty Corp : 516-783-5600
MLS ID:
802639
  • Basement: Common
  • A/C: Central Air
  • Heating: Oil

This listing courtesy of All Island Estates Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William E Deluca Jr Elementary School

223 Phelps Ln, North Babylon, NY, 11703

Grades KG-5

0.91 miles away

R

Robert Moses Middle School

250 Phelps Ln, North Babylon, NY, 11703

Grades 6-8

0.89 miles away

N

North Babylon High School

1 Phelps Ln, North Babylon, NY, 11703

Grades 9-12

1.22 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.