350 Sunrise Hwy - Freestanding FOR SALE


West Babylon, NY 11704
$1,295,000 USD
516-279-8828
350 Sunrise Hwy, West Babylon, NY for Sale
$1,295,000 USD
Freestanding - FOR SALE
1/12
null | 6.96% Cap Rate

350 Sunrise Hwy
West Babylon, NY 11704


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 5,400+ Sqft. Free Standing Building On A 12,150 Sqft. Lot On Sunrise Hwy. For Sale!!!
  • The Property Features Excellent Signage, Great Exposure, High 12’ Ceilings, 28 Parking Spaces In A Private Lot, 460 Zoning, 3 Phase Power, CAC, +++!!
  • The Property Is Located In The Heart Of West Babylon Situated In Between The Route 109 & Route 231!!!
  • The Property Has 74’ Of Frontage On Busy Sunrise Highway & Has A Daily Traffic Count Of 76,000+ Vehicles Per Day!!!
  • Neighbors Include Subaru, The Home Depot, P.C. Richard & Son, U-Haul, Public Storage, Lowe’s Home Improvement, Stop & Shop, 7-Eleven, Dunkin’, +++!!!
  • This Property Offers HUGE UPSIDE Potential!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 5,400+ Sqft. Free Standing Building On A 12,150 Sqft. Lot On Sunrise Hwy. For Sale!!! The Property Features Excellent Signage, Great Exposure, High 12’ Ceilings, 28 Parking Spaces In A Private Lot, 460 Zoning, 3 Phase Power, 2 Strategically Placed Curb Cuts, Accessible Parking & Bathrooms, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of West Babylon Situated In Between The Route 109 & Route 231!!! The Property Has 74’ Of Frontage On Busy Sunrise Highway!!! The Property Has A Daily Traffic Count Of 76,000+ Vehicles Per Day!!! Neighbors Include Subaru, The Home Depot, P.C. Richard & Son, U-Haul, Public Storage, Lowe’s Home Improvement, Stop & Shop, 7-Eleven, Dunkin’, McDonald’s, Firestone, Mavis Discount Tire, Pep Boys, Outback Steakhouse, Applebee’s Bar & Grill, Taco Bell, Dollar Tree, Orangetheory Fitness, Lidl, +++!!! This Property Offers HUGE UPSIDE Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Ash Hot Yoga: $120,000 Ann.; 3% Ann. Inc.; Lease Exp.: 2027; Tenant Has Option(s) To Extend Up To Another 10 Years.  Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,810 Ann.  Snow & Landscape: $600 Ann.  Water: $0 Ann.  Sewer: $0 Ann. Trash; $0 Ann.  Taxes: $26,500 Ann.  Total Expenses: $29,910 Ann.  Net Operating Income (NOI): $90,090 Ann. (6.96% Cap!!!)

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

6.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

EB (460)

APN/PARCEL ID

0100-156-00-04-00-004-000

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.