$1,850,000
25 Nassau LN Island Park, NY 11558
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,850,000
Est. payment /mo
0.42 Acres Lot
UPDATED:
05/14/2024 07:39 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3516974
Originating Board onekey
Rental Info No
Year Built 2013
Annual Tax Amount $43,321
Lot Size 0.420 Acres
Acres 0.42
Property Description
Calling All Developers, Investors & End-Users!!! 13.12 Cap Mint A Class Building/ LIRR Development Site For Sale!!! This MINT 8,668 Sqft. Office Building Is Situated On A Large 0.46 Acre Lot!!! The Property Features Great Exposure, Excellent Signage, 86+ Parking Spaces, Private Offices, Large Kitchen, 3 Conference Rooms, Large Gated Yard, 12' Ceilings, 3 Phase Power, +++!!! Located In The Heart Of Island Park At The Island Park Train Station!!! Neighbors Include King Kullen, McDonald's, Walgreens, TD, Jordan Lobster, Pop's, Wendy's, Starbuck's, Jimmy Hays Steak House, Dunkin', +++!!! The Building Was Completely Renovated In 2013!!! The Building Was Previously Home To A Large Successful Insurance Company!!! This Property Offers HUGE Upside Potential!!! The Entire Building Can Be Delivered Vacant If Need Be. This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Office: $242,704 Ann. NNN (Available) Expenses: Gas: $0 Electric: $0 Water: $0 Taxes: $43,320.70 (Paid By The Tenant) Insurance: $0 Maintenance & Repairs: $0 Total Expenses: $0 Net Operating Income (NOI): $242,704 Ann. (Pro Forma NNN 13.12 Cap!!!)
Location
State NY
County Nassau
Zoning OfficeBldg
Interior
Heating Natural Gas
Fireplace N
Building
Story 1
Sewer None
Others
Special Listing Condition None
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Listed by All Island Estates Realty Corp • 516-783-5600