Re/max Prestige Properties
Joseph Ruggiero, Re/max Prestige PropertiesPhone: (516) 319-0250
Email: [email protected]
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listing
1 of 21
CommercialFor Sale
$1,250,000
33 Park Place
Lynbrook, NY 11563
Listed by: All Island Estates Realty Corp, 516-783-5600
MLS: OneKey MLS
Est. Mortgage
$6,552/mo

Calling All Investors, Developers & End-Users!!! Approved Buy & Build 6 Condo Project For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp Power, High 9' Ceilings, 18 Parking Spaces, Sprinklers, Strong Zoning, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Lynbrook Just Blocks From The Lynbrook LIRR & Sunrise Hwy.!!! Neighbors Include Audi, Mercedes-Benz, Ford, Starbucks, Wyndham Hotels, CubeSmart Self Storage, 7-Eleven, Dunkin, Mavis Discount Tire, Enterprise-Rent-A-Car, Mattress Firm, Taco Bell, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 33A (2 Br., 2 Bath): $43,200 Ann. (Available) 33B (2 Br., 2 Bath): $43,200 Ann. (Available) 33C (2 Br., 2 Bath): $43,200 Ann. (Available) 33D (2 Br., 2 Bath): $43,200 Ann. (Available) 33E (2 Br., 2 Bath): $43,200 Ann. (Available) 33F (2 Br., 2 Bath): $43,200 Ann. (Available) Pro Forma Gross Income: $259,200 Ann. Expenses: Maintenance & Repairs: $250 Ann. Insurance: $2,813 Ann. Taxes: $13,584.83 Ann. Total Expenses: $16,647.83 Ann. Net Operating Income (NOI): $242,553 Ann. (Pro Forma 19.40 Cap!!!)

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Information courtesy of All Island Estates Realty Corp is subject to verification and is not guaranteed.
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