Calling All Investors, Developers & End-Users!!! 11,880 Sqft. Mixed-Use Building For Sale On Merrick Road!!! The Property Features Excellent Signage, Great Exposure, 186 Parking Spaces, High 10’ Ceilings, Restaurant, (1) 1 Br. Apartment, (1) 2 Br. Apartment, Business Districts (X) Zoning, Office, Security Camera System, Accessible Bathrooms, Ramp, Basement, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Seaford With 50' Of Frontage On Busy Merrick Road Just Blocks From Route 135!!! The Building Is Situated On A 10,230 Sqft. Lot Next To A Huge Municipal Parking Lot!!! Neighbors Include Ford, Jeep-Dodge-Ram, Toyota, Infiniti, Acura, Subaru, USPS, UPS, Capital One Bank, TD Bank, Chase Bank, Stop & Shop, OrangeTheory Fitness, Dunkin’, 7-Eleven, Uncle Giuseppe’s Marketplace, Cold Stone Creamery, Jiffy Lube, CVS, +++ !!! This Property Has A Daily Traffic Count Of 33,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! This Successful Restaurant Business Can Also Be Bought For Only $525k!!!
Income:
Apt. 1 (New 1 Br.): $28,800 Ann.
Apt. 2 (Office): $30,000 Ann.
Apt. 3 (2 Br.): $42,000 Ann. (Available)
Restaurant + Full LL: $156,000 Ann.
Pro Forma Gross Income: $256,800 Ann.
Expenses:
Gas: $4,620 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,869 Ann.
Taxes: $39,885 Ann.
Water: $0 Ann.
Total Expenses: $48,624 Ann.
Net Operating Income (NOI): $208,176 Ann. (Pro Forma 6.97% Cap!!!)
MLS #
967968
سنة البناء Construction Year
1928
الضرائب (سنويًا) Taxes (per year)
$39,885
نوع الوقود Fuel Type
غاز طبيعي Gas
مكيف هواء Air Conditioning
تكييف هواء مركزي Central Air
محطة القطار LIRR
0.6 ميل إلى محطة قطار "Seaford"
1.1 ميل إلى محطة قطار "Massapequa"
Home price
Loan amt (per month)
Down payment
Interest Rate
Length of Loan
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房屋概況 Property Description « عربي Arabic »« ENGLISH »
Calling All Investors, Developers & End-Users!!! 11,880 Sqft. Mixed-Use Building For Sale On Merrick Road!!! The Property Features Excellent Signage, Great Exposure, 186 Parking Spaces, High 10’ Ceilings, Restaurant, (1) 1 Br. Apartment, (1) 2 Br. Apartment, Business Districts (X) Zoning, Office, Security Camera System, Accessible Bathrooms, Ramp, Basement, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Seaford With 50' Of Frontage On Busy Merrick Road Just Blocks From Route 135!!! The Building Is Situated On A 10,230 Sqft. Lot Next To A Huge Municipal Parking Lot!!! Neighbors Include Ford, Jeep-Dodge-Ram, Toyota, Infiniti, Acura, Subaru, USPS, UPS, Capital One Bank, TD Bank, Chase Bank, Stop & Shop, OrangeTheory Fitness, Dunkin’, 7-Eleven, Uncle Giuseppe’s Marketplace, Cold Stone Creamery, Jiffy Lube, CVS, +++ !!! This Property Has A Daily Traffic Count Of 33,000+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! This Successful Restaurant Business Can Also Be Bought For Only $525k!!!
Income:
Apt. 1 (New 1 Br.): $28,800 Ann.
Apt. 2 (Office): $30,000 Ann.
Apt. 3 (2 Br.): $42,000 Ann. (Available)
Restaurant + Full LL: $156,000 Ann.
Pro Forma Gross Income: $256,800 Ann.
Expenses:
Gas: $4,620 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,869 Ann.
Taxes: $39,885 Ann.
Water: $0 Ann.
Total Expenses: $48,624 Ann.
Net Operating Income (NOI): $208,176 Ann. (Pro Forma 6.97% Cap!!!)