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385 Silver Lane

Oceanside, NY 11572
  • $2,988,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 3530000
UPDATED: 74 min ago
$2,988,000
  • 0
    BEDS
  • 1.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

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 Endire 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 8.75 Cap!!!)

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or TurnKey NY, LLC. Data last updated: 2024-03-03T12:17:55.36.
www.turnkeyny.com/homes/147337149
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385 Silver Lane Oceanside, NY 11572

  • Price: $2,988,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 74 min ago
  • MLS #: 3530000
0
Beds
0
Baths
0
½ Baths
1.17
Acres
1970
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
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 Endire 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 8.75 Cap!!!)
Exterior Features

Business Parking Spaces 15 Cross Street Elm Street Overhead Door 0 Stories Total 1

Property Features

Business Type Miscellaneous Current Use Other MLSArea Minor 6 Property Sub Type Mixed Use Tax Annual Amount 48158 Tax Annual Amount1 48158 Zoning Description Res Grnhse

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp: 516-783-5600
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or TurnKey NY, LLC. Data last updated: 2024-03-03T12:17:55.36.
 
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