Property Description

The Property Features Excellent Signage, Great Exposure, High 8' Ceilings, R40 Zoning, 32 Parking Spaces, 2 Car Garage, Skylight, 2 Bay Warehouse, Circular Driveway, 3 Br. Apartment, Huge Yard, 200 Amp Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Dix Hills On Route 231 In Between The Northern State Pkwy. & L.I.E. (I-495)!!! This Portion Of Deer Park Avenue Has A Daily Traffic Count Of 28,000+ Vehicles Per Day!!! Neighbors Include BMW, Audi, Jeep-Dodge-Ram, Chevrolet, Toyota, Kia, Honda, Mazda, Subaru, The Home Depot, Target, Extra Space Storage, Sunoco, WholeFoods, Petco, Dunkin', McDonald's, Wendy's, +++!!! The Property Is Located Next Door To Sunrise Senior Living!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!Income:Daycare (3,700 Sqft.): $120,000 Ann. (Available)3 Br. Apt. : $48,000 Ann. (Available)2 Car Garage: $15,600 Ann. (Available)2 Bay Warehouse + Yard (1,200 Sqft.): $72,000 Ann. (Available)Yard: $24,000 Ann. (Available)Gross Income: $279,600 Ann.Expenses:Gas: $0Electric: $0Maintenance & Repairs: $250 Ann.Insurance: $2,989 Ann.Taxes: $21,628.80 Ann.Water: $520 Ann.Total Expenses: $25,387.80 Ann.Net Operating Income (NOI): $254,212.20 Ann. (Pro Forma 8.51% Cap!!!)Calling All Investors, Developers & End-Users!!! Amazing 8.51 Cap Daycare/ Residential/Warehouse Combo Property For Sale In Dix Hills!!! The Property Is Situated On A HUGE 50,500+ Sqft.

Property Features