241,247+ Albany Avenue, Amityville, NY

$2,188,000

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About 241,247+ Albany Avenue

Calling All Investors, Developers & End-Users!!! 92,930+ Sqft. Development Site Just Off Sunrise Highway For Sale!!! The Buildings Feature Great Exposure, Excellent Signage, 8 Lots, 184 Parking Spaces, High Ceilings, Strategically Placed Curb Cuts, A/C, All New LED Lighting, 200 Amp Power, +++!!! The Properties Have 300+ Feet Of Frontage On Albany Ave.!!! Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Health, Target, The Home Depot, QuickChek, Extra Space Storage, Dunkin', Walgreens, CityMD, Valero, Taco Bell, McDonald's, Checkers, KFC, Burger King, Red Lobster, Dollar Tree, +++!!! The Entire Property Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 241-243: 3 Unit Mixed-Use Building Barbershop: $19,800 Ann. M-M (Delivered Vacant) Salon: $20,400 Ann. M-M (Delivered Vacant) 1 Br Apartment: $26,400 Ann. M-M (Delivered Vacant) 249: 8 Br., 2 Bath House: $72,000 Ann. M-M (Delivered Vacant) 251: Legal 2 Family House 1st Floor 3 Br Apt.: $42,000 Ann. (Delivered Vacant) 2nd Floor 2 Br Apt. $33,600 Ann. (Delivered Vacant) 253: Vacant Lot: $48,000 (Delivered Vacant) 261: Legal 2 Family House 1st Floor (2 Br. Apt.): $30,000 Ann. M-M (Delivered Vacant) 2nd Floor (2 Br. Apt.): $30,000 Ann. M-M (Delivered Vacant) 267: Parking for Various Trucks: $24,000 Ann. M-M. (Delivered Vacant) Pro Forma Gross Income: $346,200 Ann. Expenses: Gas: $0 Electric: $0 Insurance: $2,842 Ann. Taxes: $40,777 Ann. Total Expenses: $43,619 Ann. Net Operating Income (NOI): $302,581 Ann. (Pro Forma 13.83 Cap!!!) , or

Features of 241,247+ Albany Avenue

MLS® # L3590743
Price $2,188,000
Bathrooms 0.00
Square Footage 92930
Acres 0.00
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 241,247+ Albany Avenue
City Amityville
County Suffolk County
State NY
Zip Code 11701

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed November 11th, 2024
Days on Market 336
Zoning mixed use
Short Sale No
RE / Bank Owned No

Listing Details

Listing Provided Courtesy ofAll Island Estates Realty Corp
Contact Info516-783-5600

Listing Map

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