United StatesNew YorkOceanside385 Silver Lane

385 Silver Lane
385 Silver Lane Oceanside, New York 11572 United States

$2,988,000
Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United StatesCommercial
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1. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
2. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
3. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
4. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
5. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
6. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
7. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
8. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
9. Commercial for Sale at 385 Silver Lane Oceanside, New York 11572 United States
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All Island Estates Realty Corp

Listing Courtesy of All Island Estates Realty Corp, Email/Phone : 516-783-5600

About 385 Silver Lane

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!!!)

Listing Courtesy of All Island Estates Realty Corp, Hudson Gateway Multiple Listing Service, Inc. (HGMLS), Email/Phone : 516-783-5600

The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ADDITIONAL INFORMATION

Number of Units
6
$2,988,000
Change Currency
1.17 Acres
Exterior
Commercial
Property type
1970
Year Built
3530000
Web Id
3530000
MLS ID
Oceanside Union Free
School District
Listing Courtesy of All Island Estates Realty Corp, Email/Phone : 516-783-5600

All Island Estates Realty Corp

Listing Courtesy of All Island Estates Realty Corp, Email/Phone : 516-783-5600

Copyright 2016 Mid-Hudson Multiple Listing Service, Inc.


All rights reserved. The information appearing herein has not been verified by the Mid-Hudson Multiple Listing Service, Inc. or by any individual(s) who may be affiliated with said entity, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose.
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