232-236 Broadway
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232-236 Broadway
5,600 SF 100% Leased Retail Building Amityville, NY 11701 £2,902,317 (£518/SF)
Investment Highlights
- Calling All Investors, Developers & End-Users!!! 20,280+ Sqft. Mixed-Use Development Site On Broadway For Sale!!!
- The Property Has 138+ Feet Of Frontage On Busy Broadway & Is Located In The Heart Of Amityville 1 Block From The Amityville LIRR Station!!!
- This Property Offers HUGE Upside Potential!!!
- The Buildings Feature Great Exposure, Excellent Signage, 30 Parking Spaces, High 9’ Ceilings, Strategically Placed Curb Cuts, Ramp, Sprinklers, +++!!!
- Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Health, Target, The Home Depot, QuickChek, Extra Space Storage, +++!!!
- This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Executive Summary
Calling All Investors, Developers & End-Users!!! 20,280+ Sqft. Mixed-Use Development Site On Broadway For Sale!!! The Buildings Feature Great Exposure, Excellent Signage, 30 Parking Spaces, High 9’ Ceilings, Strategically Placed Curb Cuts, Ramp, Sprinklers, Accessible Bathrooms, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Has 138+ Feet Of Frontage On Busy Broadway & Is Located In The Heart Of Amityville 1 Block From The Amityville LIRR Station!!! Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Health, Target, The Home Depot, QuickChek, Extra Space Storage, Dunkin’, Walgreens, CityMD, Valero, Taco Bell, McDonald’s, Checkers, KFC, Burger King, Red Lobster, Dollar Tree, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Nail Salon: $24,000 Ann. M-M.
Beauty Parlor: $24,000 Ann. M-M.
Diner: $120,000 Ann. M-M (Delivered Vacant)
Apt. 1 (2 Br., 1 Bath): $21,600 Ann. M-M.
Apt. 2 (2 Br., 1 Bath): $24,000 Ann. M-M.
Gross Income: $213,600 Ann.
Expenses:
Oil: $3,000 Ann.
Electric: $0 Ann.
Insurance: $4,223 Ann.
Water: $1,500 Ann.
Taxes: $34,348.45 Ann.
Total Expenses: $43,071.45 Ann.
Net Operating Income (NOI): $170,528.55 Ann.
Income:
Nail Salon: $24,000 Ann. M-M.
Beauty Parlor: $24,000 Ann. M-M.
Diner: $120,000 Ann. M-M (Delivered Vacant)
Apt. 1 (2 Br., 1 Bath): $21,600 Ann. M-M.
Apt. 2 (2 Br., 1 Bath): $24,000 Ann. M-M.
Gross Income: $213,600 Ann.
Expenses:
Oil: $3,000 Ann.
Electric: $0 Ann.
Insurance: $4,223 Ann.
Water: $1,500 Ann.
Taxes: $34,348.45 Ann.
Total Expenses: $43,071.45 Ann.
Net Operating Income (NOI): $170,528.55 Ann.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | £167,550 | £29.92 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | £167,550 | £29.92 |
Taxes | £26,943 | £4.81 |
Operating Expenses | £6,842 | £1.22 |
Total Expenses | £33,785 | £6.03 |
Net Operating Income | £133,765 | £23.89 |
Financial Summary (Actual - 2024)
Gross Rental Income | |
---|---|
Annual | £167,550 |
Annual Per SF | £29.92 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | £167,550 |
Annual Per SF | £29.92 |
Taxes | |
---|---|
Annual | £26,943 |
Annual Per SF | £4.81 |
Operating Expenses | |
---|---|
Annual | £6,842 |
Annual Per SF | £1.22 |
Total Expenses | |
---|---|
Annual | £33,785 |
Annual Per SF | £6.03 |
Net Operating Income | |
---|---|
Annual | £133,765 |
Annual Per SF | £23.89 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,600 SF
Building Class
C
Year Built
1953
Price
£2,902,317
Price Per SF
£518
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.33
Land Acres
0.39 AC
Zoning
Restaurant/Mixed-Use
Parking
35 Spaces (1.23 Spaces per 1,000 SF Leased)
Frontage
138 ft on Broadway
Amenities
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Walk Score ®
Very Walkable (86)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 0101-003-00-05-00-008-002 | Total Assessment | £8,425 (2023) |
Land Assessment | £5,459 (2023) | Annual Taxes | £26,943 (£4.81/sf) |
Improvements Assessment | £2,965 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0101-003-00-05-00-008-002
Land Assessment
£5,459 (2023)
Improvements Assessment
£2,965 (2023)
Total Assessment
£8,425 (2023)
Annual Taxes
£26,943 (£4.81/sf)
Tax Year
2024
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232-236 Broadway
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