$ 1,250,000
33 Park PL Lynbrook, NY 11563
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$ 1,250,000
Est. payment | /mo
0.25 Acres Lot
$ 1,250,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3530048
Originating Board onekey
Rental Info No
Annual Tax Amount $13,584
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 50x155
Property Description
Calling All Investors, Developers & End-Users!!! Approved Buy & Build 6 Condo Project For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp Power, High 9' Ceilings, 18 Parking Spaces, Sprinklers, Strong Zoning, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Lynbrook Just Blocks From The Lynbrook LIRR & Sunrise Hwy.!!! Neighbors Include Audi, Mercedes-Benz, Ford, Starbucks, Wyndham Hotels, CubeSmart Self Storage, 7-Eleven, Dunkin, Mavis Discount Tire, Enterprise-Rent-A-Car, Mattress Firm, Taco Bell, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 33A (2 Br., 2 Bath): $43,200 Ann. (Available) 33B (2 Br., 2 Bath): $43,200 Ann. (Available) 33C (2 Br., 2 Bath): $43,200 Ann. (Available) 33D (2 Br., 2 Bath): $43,200 Ann. (Available) 33E (2 Br., 2 Bath): $43,200 Ann. (Available) 33F (2 Br., 2 Bath): $43,200 Ann. (Available) Pro Forma Gross Income: $259,200 Ann. Expenses: Maintenance & Repairs: $250 Ann. Insurance: $2,813 Ann. Taxes: $13,584.83 Ann. Total Expenses: $16,647.83 Ann. Net Operating Income (NOI): $242,553 Ann. (Pro Forma 19.40 Cap!!!)
Location
State NY
County Nassau
Zoning Res Grnhse
Interior
Fireplace N
Building
Story 2
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • 516-783-5600
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