Overview

Two-story mixed-use property (4 stores + 5 residential apartments located on the 2nd floor). Ample parking with 12-15 parking spots in the rear. One 2-bedroom apartment and four 3-bedroom apartments. Building is 10,174 sq. ft. on a lot of 11,439 sq. ft. Two stores are vacant (laundromat (double store) & card store). Gross Income in 2021 was $16,100 per month. Projected income is $16,450 or $197,400 per year. Operating Expenses: Taxes are $38,367. Utilities: $2,000. Garbage: $18,000. Insurance: $15,000. Total Expenses: $73,367. NOI: $124,033. Each store has a basement. Metered gas & electricity. Owner pays for the water. Excellent location across the street from the LIRR station & near all amenities. Being sold "AS IS".

  • Status For Sale
  • Area 10,174 Sq. Ft.
  • Location Freeport, NY
  • Type Mixed Use
  • Price$2,495,000
  • Listing Agent:John Magnani
  • Contact Number:917.821.8587
  • Listing Agent:Leah Tozer
  • Contact Number:516.860.5784

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