Active
33 Park Place
Lynbrook NY, 11563
$1,250,000
Active
Commercial
Calling All Investors, Developers & End-Users!!! Approved Buy & Build 6 Condo Project For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp Power, High 9' Ceilings, 18 Parking Spaces, Sprinklers, Strong Zoning, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Lynbrook Just Blocks From The Lynbrook LIRR & Sunrise Hwy.!!! Neighbors Include Audi, Mercedes-Benz, Ford, Starbucks, Wyndham Hotels, CubeSmart Self Storage, 7-Eleven, Dunkin, Mavis Discount Tire, Enterprise-Rent-A-Car, Mattress Firm, Taco Bell, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: 33A (2 Br., 2 Bath): $43,200 Ann. (Available) 33B (2 Br., 2 Bath): $43,200 Ann. (Available) 33C (2 Br., 2 Bath): $43,200 Ann. (Available) 33D (2 Br., 2 Bath): $43,200 Ann. (Available) 33E (2 Br., 2 Bath): $43,200 Ann. (Available) 33F (2 Br., 2 Bath): $43,200 Ann. (Available) Pro Forma Gross Income: $259,200 Ann. Expenses: Maintenance & Repairs: $250 Ann. Insurance: $2,813 Ann. Taxes: $13,584.83 Ann. Total Expenses: $16,647.83 Ann. Net Operating Income (NOI): $242,553 Ann. (Pro Forma 19.40 Cap!!!)
3530048
MLSⓇ ID
February 6, 2024
Listed
November 7, 2024
Updated
Map
33 Park Place
Lynbrook NY, 11563
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.25 Acres
Other Property Details
Taxes
$13,584
Tax Frequency
Annually
Garage
No
View
No
County
Nassau
Municipality
Hempstead
Pool
No
Listing History
Date | Event | Price |
---|---|---|
5/13/2024 | Price change | $1,250,000 -4% |
Listed by Richard Matt Shane with All Island Estates Realty Corp
Listing Contact: 516-783-5600
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tracy Clennon shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 2:35 PM UTC, 11/7/2024