$8,750,000 $46,972 est/mo Sourced by Back At You

219 S Service Road,Plainview, NY 11803

Plainview NY, 11803

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Description

Calling All Investors, Developers & End-Users!!! 24,000+ Sqft. Warehouse / Showroom On (I-495) The L.I.E. Service Road For Sale!!! The Property Features Great Exposure, Excellent Signage, Freeway Visibility, 86 Parking Spaces, High 16' Ceilings, Strong Zoning, Loading Dock, Mezzanine, 100,000 kW Solar Panel System, Brand New Roof Completed In 2012, Sprinklers, (2) Accessible Ramps, 3 Phase Power, CAC, +++!!! The Fabric Mill Has Been A Successful Family Owned Business In This Location For 17+ Years!!! The Property Is Located In The Heart Of Plainview On The S. Service Road Of I-495 Just West Of Exit 48!!! This Property Has A Daily Traffic Count Of 110,900+ Vehicles Per Day!!! Neighbors Include Ferrari, Maserati, Starbucks, Hilton Hotels, Sheraton Hotels, Northwell Health, Holiday Inn Hotels, Estae Lauder, Capital One Bank, TD Bank, P.C. Richard & Son, ShopRite, Dunkin', 7-Eleven, CVS, SafeGuard Self Storage, PODS Moving & Storage, Uncle Giuseppe's, Aboff's Paints, OTB, Lidl, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Investment Property / Home For Your Business!!! The Entire Building Can Also Be Leased For Only $27/Sqft. NNN!!! Income: Warehouse / Showroom (24,118 Sqft.): $651,186 Ann. NNN. (Available) Pro Forma Gross Income: $651,186 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Taxes: $125,725.07 Ann. Total Expenses: $125,975.07 Pro Forma Net Operating Income (NOI): $525,210.93 Ann.

Details

MLS#3501455
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1966
Days On Site285
Listing Provided ByAll Island Estates Realty Corp | Richard Matt Shane

Features

Units2
ZoningStorage
Acreage1.24

Market Activity 11803

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey MLS.

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Learn More About This Property

StateNY
CountyNassau
CityPlainview
Zip Code11803
Subarea3
Listing VS Median (in 11803)
Price:
$8,750,000
low | high
Med:
$944,388
100% of Average
On Site:
285
low | high
Med:
66.5
100% of Average
Sourced by Back At You
Listing Updated: June 12, 2024 at 2:58:52 AM PDT