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29840829
29822867

926 Nassau Road, Hempstead, NY 11553

MS
NY 10311207810
All Island Estates Realty Corporation
Listed by All Island Estates Realty Corporation
$2,950,000
124 days on market
Updated 121 days ago

926 Nassau Road

Details
APN 20898361520006890
Property Type Retail
Sub Type Storefront
Units 1
NOI $134,894
Year Built 1948
Lot Size (SqFt) 14,072
Zoning 484.14
Parking Spaces spaces

Retail

Marketing description

Calling All Investors, Developers & End-Users!!! 4,900+ Sqft. Free Standing Corner Building With Huge Parking Lot On Nassau Road For Sale!!! The Property Features Excellent Signage, Great Exposure, Long Term Lease, Multiple Use 484.14 Zoning, 32 Parking Spaces, High 20’ Ceilings, Sprinklers, Loading Dock, 3 Phase Power, Roll-Up Door, Signalized Intersection, Strategically Placed Curb Cuts, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Uniondale On Busy Nassau Road A Few Blocks From The Southern State Pkwy.!!! This Building Is Situated On A Huge 14,000+ Sqft. Lot!!! Neighbors Include Citi, FourLeaf Federal Credit Union, The Home Depot, ShopRite, Walgreens, Valero, 7-Eleven, Dunkin’, McDonald’s, Wendy’s, Sonic, Enterprise Rent-A-Car, White Castle, Popeye’s Louisiana Kitchen, Checkers, Wings’n’Things, Auntie Anne’s, Pollo Campero, Aldi, KFC, +++!!! This Property Has A Daily Traffic Count Of 26,700+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Beer Distributor: $138,000 Ann..; 4% Ann. Inc.; Lease Exp.: 2/1/29. Gross Income: $138,000 Ann. Expenses: Gas: $0 (Tenant Pays) Electric: $0 (Tenant Pays) Water: $0 (Tenant Pays) Snow & Landscape: $0 (Tenant Pays) Maintenance & Repairs: $250 Ann. Insurance: $2,856 Ann. Taxes: $0 (Tenant Pays) Total Expenses: $3,106 Ann. Net Operating Income (NOI): $134,894 Ann.
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Listing Contacts

MS
NY 10311207810
All Island Estates Realty Corporation
Listed by All Island Estates Realty Corporation

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$134,894.00
$11,241.17/mo

Valuation Metrics

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DSCR
4.57%
Cap Rate
4.57%
ROI

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