$8,750,000
219 S Service RD Plainview, NY 11803
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$8,750,000
Est. payment /mo
1.24 Acres Lot
Active
219 S Service RD Plainview, NY 11803
UPDATED:
08/28/2024 09:18 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3501455
Originating Board onekey
Rental Info No
Year Built 1966
Annual Tax Amount $125,475
Lot Size 1.240 Acres
Acres 1.24
Property 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.
Location
State NY
County Nassau
Zoning Storage
Interior
Fireplace No
Building
Sewer Public Sewer
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • 516-783-5600
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