26-28 Eagle Rd, Rocky Point, NY 11778
2,500 SF | Retail Building | Rocky Point, NY 11778 | $565,000 ($226/SF) | 19.17% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 7 days
Asking Price $565,000
- Property Type
-
Retail
- Square Feet
- 2,500 SF
- Price / Square Foot
- $226
Listing Contacts
Matthew Shane
Verified Profile
- Property Info
Property Overview
Calling All Investors, Developers & End-Users!!! 19.17 Cap Warehouse/ Auto Repair Shop For Sale!!! The Building Is Situated On A Huge 25,700 Sqft. Lot With Outside Storage!!! The Property Features Excellent Signage, Great Exposure, 38 Parking Spaces, Outside Storage, High Ceilings, 3 Phase Power, Roll-Up Door, Large Gated Yard, Low Property Taxes, Waste Oil Heater, LED Lighting, +++!!! The Property Is Located In The Heart Of Rocky Point Right Of Busy N. Country Road (AKA Route 25A)! Neighbors Include Stop & Shop, Kohls, CVS, Starbucks, McDonald’s, Michael’s, Moe’s, Dollar General, Planet Fitness, Dunkin’, +++!!! This Could Be Your Next Investment Property/ Home For Your Business!!! All 3 Lots Are Included In The Sale!!! The Property Can Be Delivered Vacant If Need Be.
Income:
2 Bay 2,500 Sqft. Auto Repair Shop: $52,800 Ann. (Available)
Private Gated 32 Car Parking Lot: $32,800 (Available)
Private Gated Yard With Covered Storage: $30,000 Ann. (Available)
Gross Income: $115,600 Ann. (Proforma)
Expenses:
Gas: $0
Electric: $0
Insurance: $1,623
Taxes: $5,398
Maintenance & Repairs: $250
Water: $0
Total Expenses: $7,271
Net Operating Income: $108,329 (Proforma 19.17 Cap)
Income:
2 Bay 2,500 Sqft. Auto Repair Shop: $52,800 Ann. (Available)
Private Gated 32 Car Parking Lot: $32,800 (Available)
Private Gated Yard With Covered Storage: $30,000 Ann. (Available)
Gross Income: $115,600 Ann. (Proforma)
Expenses:
Gas: $0
Electric: $0
Insurance: $1,623
Taxes: $5,398
Maintenance & Repairs: $250
Water: $0
Total Expenses: $7,271
Net Operating Income: $108,329 (Proforma 19.17 Cap)
Property Details
- Class
- C
- Year Built/Renovated
- 1989/2014
- Stories
- 1
- Property Subtype
- Vehicle Related, Freestanding, Service, Distribution
- Lot Size (sq. ft)
- 25,700 SF
Highlights
- Calling All Investors, Developers & End-Users!!! 19.17 Cap Warehouse/ Auto Repair Shop On A Huge 25,700 Sqft. Lot (With Outside Storage) For Sale!!!
- The Property Features Excellent Signage, Great Exposure, 38 Parking Spaces, Outside Storage, High Ceilings, Roll-Up Door, +++!!!
- The Property Also Features 3 Phase Power, Large Gated Yard, Low Property Taxes, Waste Oil Heater, LED Lighting, +++!!!
- The Property Is Located In The Heart Of Rocky Point Right Of Busy N. Country Road (AKA Route 25A)!!!
- Neighbors Include Stop & Shop, Kohls, CVS, Starbucks, McDonald’s, Michael’s, Moe’s, Dollar General, Planet Fitness, Dunkin’, +++!!!
- This Could Be Your Next Investment Property/ Home For Your Business!!!
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