UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 967968
Rental Info No
Year Built 1928
Annual Tax Amount $39,884
Lot Size 10,227 Sqft
Acres 0.2348
Property Sub-Type Business
Source onekey2
Property Description
Income:
Apt. 1 (New 1 Br.): $28,800 Ann.
Apt. 2 (Office): $30,000 Ann.
Apt. 3 (2 Br.): $42,000 Ann. (Available)
Restaurant + Full LL: $156,000 Ann.
Pro Forma Gross Income: $256,800 Ann.
Expenses:
Gas: $4,620 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,869 Ann.
Taxes: $39,885 Ann.
Water: $0 Ann.
Total Expenses: $48,624 Ann.
Net Operating Income (NOI): $208,176 Ann. (Pro Forma 6.97% Cap!!!)
Location
State NY
County Nassau County
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Special Listing Condition None
NEARBY SCHOOLS & PROPERTIES
The mission of the ASA Real Estate Group is to provide a lifelong, positive impact on our clients, our communities, our team, as well as the other realtors with which we work. We specialize in assisting Buyers and Sellers transact. With our extensive knowledge of the market we help our clients get the best possible price for their home through proactive marketing approach. We guide sellers and buyers through every step of the process and keep them updated their transaction.