Charles Rutenberg Realty Inc
Edwin Torres, Charles Rutenberg Realty IncPhone: (631) 514-1531
Email: [email protected]
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listing
1 of 12
CommercialFor Sale
$1,375,000
350 Sunrise Highway
West Babylon, NY 11704
Listed by: All Island Estates Realty Corp, 516-783-5600
MLS: OneKey MLS
Est. Mortgage
$7,198/mo

Calling All Investors, Developers & End-Users!!! 5,400+ Sqft. Free Standing Building On A 12,150 Sqft. Lot On Sunrise Hwy. For Sale!!! The Property Features Excellent Signage, Great Exposure, High 12’ Ceilings, 28 Parking Spaces In A Private Lot, 460 Zoning, 3 Phase Power, 2 Strategically Placed Curb Cuts, Accessible Parking & Bathrooms, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of West Babylon Situated In Between The Route 109 & Route 231!!! The Property Has 74’ Of Frontage On Busy Sunrise Highway!!! The Property Has A Daily Traffic Count Of 76,000+ Vehicles Per Day!!! Neighbors Include Subaru, The Home Depot, P.C. Richard & Son, U-Haul, Public Storage, Lowe’s Home Improvement, Stop & Shop, 7-Eleven, Dunkin’, McDonald’s, Firestone, Mavis Discount Tire, Pep Boys, Outback Steakhouse, Applebee’s Bar & Grill, Taco Bell, Dollar Tree, Orangetheory Fitness, Lidl, +++!!! This Property Offers HUGE UPSIDE Potential!!! This is Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Ash Hot Yoga: $120,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2027; Tenant Has Option(s) To Extend Up To Another 10 Years. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,810 Ann. Snow & Landscape: $600 Ann. Water: $0 Ann. Sewer: $0 Ann. Trash; $0 Ann. Taxes: $26,500 Ann. Total Expenses: $30,160 Ann. Net Operating Income (NOI): $89,840 Ann. (6.53% 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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