1. New York
  2. Island Park
  3. 4259 Austin Boulevard
$925,000

4259 Austin Boulevard, Island Park, NY 11558

  • 1,220 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2005
  • Property Lot Size Icon5,998sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $758/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Calling All Investors, Developers & End-Users!!! 1,220 Sqft. Free Standing Restaurant Building On A 6,000 Sqft. Lot In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 13 Parking Spaces In A Private Parking Lot, Restaurant (421.14) Zoning, 3 Phase Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Minutes From The Long Beach Bridge!!! The Property Has 60’ Of Frontage On Busy Austin Blvd.!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Deli: $72,000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/18/35 + 5 Year Option. Gross Income: $72,000 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,300 Ann. Maintenance & Repairs: $250 Ann. Water: $0 Ann. Taxes: $13,354.87 Ann. Total Expenses: $15,904.87 Ann. Net Operating Income (NOI): $56,095.13 Ann. (6.06% Cap!!!)

Listing Status:
Active
Listing Office:
All Island Estates Realty Corp : 516-783-5600
MLS ID:
909058
  • A/C: Central Air
  • Heating: Natural Gas

This listing courtesy of All Island Estates Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lincoln Orens Middle School

150 Trafalgar Blvd Unit 1, Island Park, NY, 11558

Grades 5-8

0.28 miles away

L

Lincoln Orens Middle School

150 Trafalgar Blvd Unit 1, Island Park, NY, 11558

Grades 5-8

0.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.