25 Nassau Lane, Island Park

$1,950,000

0 Beds
0 Baths
.42 Acres
0 Garages

Calling All Developers, Investors & End-Users!!! 12.14 Cap Mint A Class Building/ LIRR Development Site For Sale!!! This MINT 8,668 Sqft. Office Building Is Situated On A Large 0.46 Acre Lot!!! The Property Features Great Exposure, Excellent Signage, 86+ Parking Spaces, Private Offices, Large Kitchen, 3 Conference Rooms, Large Gated Yard, 12' Ceilings, 3 Phase Power, +++!!! Located In The Heart Of Island Park At The Island Park Train Station!!! Neighbors Include King Kullen, McDonald's, Walgreens, TD, Jordan Lobster, Pop's, Wendy's, Starbuck's, Jimmy Hays Steak House, Dunkin', +++!!! The Building Was Completely Renovated In 2013!!! The Building Was Previously Home To A Large Successful Insurance Company!!! This Property Offers HUGE Upside Potential!!! The Entire Building Can Be Delivered Vacant If Need Be. This Could Be Your Next Development Site / The Next Home For Your Business!!! Income: Office: $242,704 Ann. NNN (Available) Expenses: Gas: $0 Electric: $0 Water: $0 Taxes: $43,320.70 (Paid By The Tenant) Insurance: $0 Maintenance & Repairs: $0 Total Expenses: $0 Net Operating Income (NOI): $242,704 Ann. (Pro Forma NNN 12.14 Cap!!!)

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Essential Information
MLS® #3516974
Price$1,950,000
Bathrooms0.00
Acres0.42
Year Built2013
TypeCommercial Sale
Sub-TypeMixed Use
StatusActive
Community Information
Address25 Nassau Lane
CityIsland Park
CountyNassau
StateNY
Zip Code11558
Interior
HeatingNatural Gas
# of Stories1
Additional Information
Date ListedNovember 16th, 2023
Days on Market165
ZoningOfficeBldg
Listing Details
Listing Courtesy ofAll Island Estates Realty Corp
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Listing information last updated on April 29th, 2024 at 7:45am CDT.