Description
Calling All Investors, Developers & End-Users!!! 10.68 Cap 4,200 Sqft. Two Unit Mixed-Use Building For Sale!!! Located On Busy Sunrise Highway The Property Features Great Exposure, Excellent Signage, 6 Parking Spaces, High 10' Ceilings, 3 Br Apartment, Signalized Intersection, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Was Renovated In 2022!!! The Property Is Located In The Heart Of Freeport On Busy Sunrise Highway Across From The Freeport LIRR Station!!! This Portion Of Sunrise Highway Has A Daily Traffic Count Of 58,000 + Vehicles Per Day!!! Neighbors Include Land Rover, Lexus, BMW, Porsche, Chevrolet, UPS, Dunkin', The Home Depot, Staples, 7-Eleven, Target, Goodyear, Mavis, Sunoco, Aamco, T Mobile, IHOP, Walgreens, Roslyn Savings Bank, Papa John's, Domino's, Burger King, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Investment Property/ Home For Your Business!!! Income: Showroom/ Retail Unit (2,400 Sqft.): $67,200 Ann. (Available) LL (1,000 Sqft.): $15,000 Ann. (Available) 3 Br Apartment (800 Sqft.): $27,600 Ann. (Available) Gross Income: $109,800 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Water: $360 Ann. Insurance: $2,253 Ann. Taxes: $16,175 Ann. Total Expenses: $19,038 Ann. Net Operating Income (NOI): $90,762 Ann. (Proforma 10.68 Cap!!!)
Location
Courtesy of: All Island Estates Realty Corp © 2022 - All Rights Reserved. The IDX information on this site is provided exclusively for consumers' personal, non-commercial use. IDX information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data provided on this site is not guaranteed accurate by the MLS. Updated: 23rd March, 2023 10:24 AM (UTC)
