350 Sunrise Highway
West Babylon,
NY
11704
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 is 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: $30, 160 Ann. Net Operating Income (NOI): $89, 840 Ann. (6.53% Cap!!!)
Presented By: All Island Estates Realty Corp
516-783-5600
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