Description
Calling All Investors, Developers & End-Users!!! 10, 000+ Sqft. Corner Development Site On Busy E. Jericho Turnpike For Sale!!! The Property Features Great Exposure, Excellent Signage, Fenced Corner Lot, Strong C-6 Zoning, 26 Parking Spaces, 2 Strategically Placed Curb Cuts, Signalized Intersection, +++!!! The Property Is Located In The Heart Of Hungtington Station Minutes From The Walt Whitman Mall!!! The Property Is Situated On The Corner Of E. Jericho Turnpike & N. Melville Rd.!!! The Property Has 150+ Feet Of Frontage On Busy Jericho Turnpike!!! The Property Has A Traffic Count Of 41, 000+ Vehicles Per Day!!! Neighbors Include Audi, BMW, Toyota, Honda, Nissan, Mazda, The Home Depot, Stop & Shop, ShopRite, Target, Best Buy, 7-Eleven, Dunkin’, Walgreen’s, Marshall’s, Petco, L.A. Fitness, Lidl, Taco Bell, McDonald’s, Chick-fil-A, +++!!! The Property Had Previously Approved Plans To Build A 4, 145 Sqft. 1 Story Building With A 1, 062 Sqft. Basement!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 10, 019 Sqft. Lot: $240, 000 Ann. (Available) Expenses: Taxes: $16, 609.42 Ann. Total Expenses: $16, 609.42 Ann. Net Operating Income (NOI): $223, 390.58 (Pro Forma 17.87 Cap!!!)
More Property Details
Lot Size: 0.23
Lot Sq Ft: 10019
Water: Public
Sewer: Public Sewer
Taxes: $16,609
School District: South Huntington
Zoning: Commercial
Block: 0003
Lot: 170