Active
25 Nassau Lane
Island Park NY, 11558
$1,850,000
Active
Commercial
Built in 2013
Calling All Developers, Investors & End-Users!!! 13.12 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 13.12 Cap!!!)
3516974
MLSⓇ ID
November 16, 2023
Listed
August 23, 2024
Updated
Map
25 Nassau Lane
Island Park NY, 11558
Interior Features
Total Stories
1
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.42 Acres
Sewer
None
Other Property Details
Taxes
$43,321
Tax Frequency
Annually
Garage
No
View
No
County
Nassau
Municipality
Hempstead
Pool
No
Listing History
Date | Event | Price |
---|---|---|
5/14/2024 | Price change | $1,850,000 -6% |
2/7/2024 | Price change | $1,950,000 -3% |
2/1/2024 | Price change | $1,950,000 -3% |
12/15/2023 | Price change | $2,000,000 -7% |
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 Tripodi Shemtov Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 OneKey MLS. All rights reserved.
Data last updated 12:03 PM UTC, 8/23/2024