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Rafi Ahmad

realestate@gmaenterprise.com +1(718) 322-4030

$ 1,688,000

Est. payment -/mo

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New

1959 New York AVE Huntington Station, NY 11746

0.37 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 868111

Rental Info No

Year Built 1950

Annual Tax Amount $21,117

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Multi Family

Source onekey2

Property Description

Calling All Investors, Developers & End-Users!!! Auto Body & Repair Shop On A 16,000+ Sqft. Lot On Route 110 For Sale!!! The Property Features Excellent Signage, Great Exposure, High 17' Ceilings, 36 Parking Spaces, C-6 Zoning, 3 Phase Power, Spray Booth, 4 Lifts, 3 Drive-In Roll Up Doors, 2 Waiting Areas, 2 Strategically Placed Curb Cuts, Private Parking Lot, Security System, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Huntington Station On Busy New York Ave. Just A Few Blocks Off Jericho Tpke.(Rt. 25) & The Walt Whitman Shops!!! The Property Has 104' Of Frontage On Busy New York Avenue Street!!! Neighbors Include Audi, BMW, Honda, Mazda, Northwell Health, Target, Staples, CVS, Kay Jewelers, Best Buy, LA Fitness, AutoZone, Wendy's, Taco Bell, Harbor Freight, Chick-fil-A, Aboff's Paints, Carvel, Macy's, Checkers, +++!!! This Property Has A Daily Traffic Count Of 15,500+ Vehicles Per Day!!! This Property Offers HUGE UPSIDE Potential!!! This is Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

Auto Body Shop (3,260 Sqft.): $84,000 Ann.

Rear Auto Repair Shop (3,260 Sqft.): $60,000 Ann.

Gross Income: $144,000 Ann.

Expenses:

Gas: $0 Ann.

Oil: $0 Ann.

Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,263 Ann.
Water: $1,200 Ann.
Landscape: $0 Ann.
Taxes: $21,117.11 Ann.

Total Expenses: $25,830.11 Ann.

Net Operating Income (NOI): $118,169.89 Ann. (7% Cap!!!)

Location

State NY

County Suffolk County

Rooms

Basement See Remarks

Interior

Heating Oil

Cooling None

Fireplace No

Exterior

Utilities Available Electricity Available

Total Parking Spaces 36

Building

Story 1

Sewer Public Sewer

Water Private

Structure Type Block

Others

Special Listing Condition None

Listed by All Island Estates Realty Corp

Rafi Ahmad

Broker

+1(718) 322-4030

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