REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Christopher DeKanchuk

chris@chrissellsthecoasts.net +1(843) 817-5559

$ 4,300,000

Est. payment | -/mo

Save

$ 4,300,000

Est. payment | -/mo

Save

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1019407

Rental Info No

Year Built 1920

Annual Tax Amount $63,255

Property Sub-Type Retail

Source onekey2

Property Description

Attention All Investors, & Developers!!!, and End-Users! These 2 Buildings = 28,164 SQFT Office /Multiuse or Multi-Purpose Building on a Great lot in Lynbrook is now available for sale! The building offers exceptional signage, Total SQFT (31,101) Prime exposure, and strong zoning, with parking spaces, high ceilings, a skylight, and central air conditioning. Located in the heart of Lynbrook, just 2 blocks from the Lynbrook LIRR station, the property is ideally situated between Broadway & Merrick Road. Nearby neighbors include Starbucks, Audi, Acura, Volkswagen, Northwell Health, Bethpage Federal Credit Union, Dunkin', McDonald's, Enterprise Rent-A-Car, Stand-Up MRI, Karako Suits, Cold Stone Creamery, Regal Cinemas, White Castle, IHOP, KFC, and many more. With a daily traffic count of over 20,000 vehicles, this is a prime location for your next investment! Beautiful Invesment Opportunity, Great Traffic, Can Build Residential Homes up to 5-6 Stories and Tripple the NOI. Building #1 Gross Income $267,567 and Expenses is $40,135 Taxes $47,248 NOI = $180,184.00 its a LAW FIRM and next to it is Building #2 Collectibles Antique store Gross Income is $89,373 and Expenses is $13,406 and Taxes is $16,007 NOI = $59,960. Great Potential here as Owner is currently renting at Extremely Cheap rates now at $18.00 SQft and $8.00 SQft . Parking Lot for collectibles Included, Great Opportunity to Reconstruct for Mixed Use Developments and Residential uses Permitted above a certain floor level as its Commercial zoned for Any Multiple Use or Multi-Purpose.

Location

State NY

County Nassau County

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Driveway

Fence Chain Link

Utilities Available Natural Gas Connected

Total Parking Spaces 3000

Building

Lot Description Paved

Story 2

Foundation Brick/Mortar

Sewer Public Sewer

Water Other

Structure Type Frame

Schools

High Schools Lynbrook

School District Lynbrook

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by Coldwell Banker American Homes • Aideen Duignan

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(843) 817-5559

chris@chrissellsthecoasts.net

128 Millport Circle, Suite 200 Greenville, SC 29607, USA

29 & 21-23 Broadway Lynbrook, NY 11563