Oceanside, NY 11572,385 Silver LN
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Oceanside, NY 11572,385 Silver LN
Oceanside, NY 11572,385 Silver LN
Oceanside, NY 11572,385 Silver LN
Oceanside, NY 11572,385 Silver LN
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385 Silver LN Oceanside, NY 11572

1.17 Acres Lot


UPDATED:

08/09/2024 08:33 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3530000

Originating Board onekey

Rental Info No

Year Built 1970

Annual Tax Amount $48,158

Lot Size 1.170 Acres

Acres 1.17

Lot Dimensions 174x120

Property Description

Calling All Investors, Developers & End-Users!!! 1+ Acre 5 Unit Development Site For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp, High 26' Ceilings, 15 Parking Spaces, 3 Br. House, Garage, 4 Greenhouses, Strategically Placed Curb Cuts, Strong Zoning, CAC, +++!!! The Property Is Located In The Heart Of Oceanside 1 Block Off Busy Atlantic Avenue!!! Neighbors Include Audi, Amazon, Nike, Costco, 7-Eleven, Dunkin, Walgreens, HomeGoods, Trader Joe's, IHOP, KFC, +++!!! According To The Owner An 84 Unit Assisted Living Facility Is Being Built Next Door To This Property. The Entire Property Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Main 3 Br. House: 1,800 Sqft.: $48,000 Ann. (Available) 6,000 Sqft. Greenhouse: $84,000 Ann. (Available) (2) 5,000 Sqft. Greenhouses: $75,000 Each Ann. (Available) 2,000 Sqft. Greenhouse: $32,000 Ann. (Available) Pro Forma Gross Income: $314,000 Ann. Expenses: Maintenance & Repairs: $250 Ann. Insurance: $4,000 Ann. Taxes: $48,158.68 Ann. Total Expenses: $52,408.68 Ann. Net Operating Income (NOI): $261,591.32 Ann. (Pro Forma 10.06 Cap!!!)

Location

State NY

County Nassau

Zoning Res Grnhse

Interior

Fireplace No

Building

Story 1

Others

Special Listing Condition None


Listed by All Island Estates Realty Corp • 516-783-5600

Bobby Gellert

License ID: 49GE1011364

+1(914) 215-4307

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385 Silver LN