Description
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!!!)
More Property Details
Lot Size: 0.42
Lot Sq Ft: 18500
Stories: 1
Heat: Natural Gas
Sewer: None
Taxes: $43,321
Zoning: OfficeBldg
Block: 13
Lot: 13