Lindenhurst Real Estate

628 Shore Road, Lindenhurst, NY 11757

[Lindenhurst Real Estate, listing number 7253621]



Description: 7253621
   Rare opportunity to acquire a 1/2 acre assemblage, Two parcels being sold together. ( 620 & 628 Shore Rd ). 628 Shore Rd is vacant land and 620 Shore Rd is currently improved with income-producing mechanic shop / warehouse with tenant paying $8,000/Month. The Village has indicated support for a minimum of 8 senior housing units 2 Bedrooms 1.5 Baths approximately 1,500 SF each. The elevated construction concept strategy already contemplated ( piles/helicals with under-unit car ports, post sandy coastal style construction. With $8,000/Month cash flow from existing mechanic/ warehouse tenant gives a developer ability to collect income while advancing approvals and environmental due diligence are completed.

Details:
   Property Type: House
   Acres: 0.25
   School District: Lindenhurst

Financials:
   Price: $1,389,000
   Taxes: $4,759

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