Retail / Special Use / Investment Space For Sale
Floral Park - North West Nassau County, NY

Property Description

100% Occupied - Investment - 4.73% Cap Rate - NOI $127,800

  • Property is a 100% occupied mixed-use asset featuring two ground-floor commercial units (beauty salon and massage therapy, approx. 1,200 SF with full basement), two fully rented 2-bedroom apartments on the second floor, and a parking lot. It generates $141,600 in gross annual income ($96,000 commercial and $45,600 residential), with total expenses of approximately $13,800, resulting in a net operating income of $127,800.
Location: Floral Park
Property Type: Retail / Special Use
Size: 5,000 SF
Plot Size: 0.15 Acres
Sale / Lease: Sale
Investment Opportunity: Yes
Year Built: 2006
Sprinklered: Fully
Asking Price: Call For Details

For More Information, please call 631-694-3500

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. All information furnished regarding property for sale, rental or financing is from sources deemed reliable: but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, changes in price, rental or other conditions, prior sales, lease or financing or withdrawal without notice. The prospective buyer should carefully verify all information contained herein