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33711621
33711620

206 North Central Avenue, Valley Stream, NY 11580

KR
10401215771
Charles Rutenberg Realty Inc Plainview
Listed by Charles Rutenberg Realty Inc Plainview
$2,299,000
1 day on market
Updated 1 day ago

Exxon Gas/C-Store/Repair on Strategic Nassau/Queens Border!!

Details
Property Type Retail, Land (+1)
Sub Type Auto Shop, Commercial (+1)
Units 8
Occupancy 100%
Tenancy Vacant
Lease Type Absolute NNN
Remaining Term 3
Rent Bumps No
Pro-Forma Cap Rate 8.35%
Pro-Forma NOI $192,000
Class A
Year Built 1938
Year Renovated 2019
Buildings 1
Lot Size (SqFt) 7,400 - 8,400
Zoning C2 Commercial
Parking Spaces 8 spaces
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease No
Sale Condition N/A

Exxon Gas/C-Store/Auto Repair-border of Nassau/Queens NY- CAN be unbranded & VACANT

Marketing description

* This is for the sale of an EXXON brand Gas station/convenience store & 3 bay auto repair shop/service center located at 206 N. Central Avenue Valley Stream NY 11580. The list price is $2299000

* The sale consists of EVERYTHING including the actual real estate with all buildings/structures, repair shop, c-store, fixtures, pumps, canopy, tanks, lifts, air/vac machines and etc. as applicable.

* Any inventory that exists will be taken by the tenants that will be vacating. (Unless you wish to keep the tenants or part thereof. Your choice as they would love to stay)

* The auto repair shop tenant would prefer to remain as a tenant if possible and is willing to sign a new sublease for that purpose if new owner is in agreement. If not, tenant will just quietly vacate as needed.

* Very busy high traffic area close to JFK airport as well as major highways.

* Tanks are all in pristine working order as they are double walled fiberglass state of the art tanks which were only installed in 2014 and have a min.40 year warranty from manufacturer. All environmental records and status are in order and spotless.

* Supply Agreement - OPEN SUPPLY - NO SUPPLY CONTRACT!!! You can brand as anything you want and/or simply unbranded!

* Please note that because this station was NOT owner operated, the owner does NOT have access to financials of the business for anything and previous operator is being forced to leave thus no cooperation is being forced to leave due to default via illegal sub-leasing.

Although this station has exceeded well over 100,000 gallons a month in the past, we do not know what it is currently doing as the supply agreement is under operator not owner/landlord.

Please kindly understand this fact and be ok with it before calling. Much appreciated.

* Financing is allowed. I myself am also a mortgage banker so any questions pertaining to a mortgage loan for this can be answered by me although you are 100% free to obtain financing from anywhere you choose to. Typically 30% down is needed. Owner/Seller financing of possibly up to more than half of the total amount also available if you do not want to go the bank financing route. Needless to say, availability or possibility of this is at the sole discretion of the Seller/Owner.

* Annual taxes are approximately $45,000 a year and they have NEVER been grieved or even applied to be grieved. Since tenants were paying all expenses - triple net - we do not have an accounting of the expenses from anytime recently.

* Estimated market rent is approximately between $15,000 - $20,000 a month for a triple net lease with all expenses included.

* No NDA needed. Please contact me as I am the official LISTING BROKER for this and not the owner. The owner has emphasized that he does not wish to speak to anyone until and unless we are at the point of a deal being made and the reason for wanting to speak to him/her is somewhat logically justified. This is why he/she has chosen to engage a broker instead of attempting to do it themselves to begin with. Your understanding of this fact is greatly appreciated as well as your time and effort in

reading this entire listing before reaching out to me. Thank You The current lease is no longer relevant since this will be

delivered vacant unless you want it with the tenant(s).

And as always- BROKERS are welcomed!!

Please contact me at 9 1 7 8 5 5 0 1 8 7

Khaleeque Rehman

Investment highlights

1) Exxon Brand Competitive supply agreement from Bolla which guarantees Bolla protection from Bolla competitive pricing as part of the terms!! BUT WAIT... Can also be delivered WITHOUT Any Supply agreement with no additional cost to purchaser if so desired!

2) Super strategic location on border of Nassau and Queens County 10 mins from JFK Int Airport!!

3) Super Busy Auto Repair Corridor

4) Potential to convert part of to some "grab and go" model franchise which would increase and further "specialize" your customer base without being able to be shopped!!

5) C2 Commercial Zoning - Can be developed in a lucrative manner!

6) Different Financing options available. Broker is also Direct Lender, no obligation but feel free to ask!!

Listing Contacts

KR
10401215771
Charles Rutenberg Realty Inc Plainview
Listed by Charles Rutenberg Realty Inc Plainview

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Zoning

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C-1 MixedMixed UseMultiple Family Residential Retail Business
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View all 26 uses
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Last updated Apr 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
khaleeque rehman
License
68157
Brokerage
Hudson Nationwide Lending
Brokerage Phone
9178550187
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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