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516-783-5600

25 Nassau Lane, Island Park, NY 11558

[Island Park Real Estate, listing number 2098604]



Description: 2098604
   Calling All Developers, Investors & End-Users!!! 12.14 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 12.14 Cap!!!)Calling All Developers, Investors & End-Users!!! 12.14 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 12.14 Cap!!!)

Details:
   Property Type: Commercial
   Acres: 0.44
   Built: 2013

Financials:
   Price: $1,950,000
   Taxes: $43,321

R. Matthew Shane2

All Island Estates Realty Corp.
R. Matthew Shane
Lic. Real Estate Salesperson
Office: 516-783-5600

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