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241,247+ Albany Avenue, Amityville, NY 11701
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$2,188,000
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Home Details for 241,247+ Albany Avenue
Price
$2,188,000
Type
Commercial/Industrial
County
Suffolk
Tax
$19,938
MLS®️ Listing#
L3590743
On exitrealty.com
296 days
Property Description
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
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Listing Courtesy: All Island Estates Realty Corp - 516-783-5600. Presented by: Richard Matt Shane
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
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$2,188,000
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