This property is Off-Market

1665 Great Neck Road
Copiague, NY 11726 ·

5,000 SF · Retail For Sale

N/A

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Retail Property For Sale

Price N/A Cap Rate 5.08%
Building Size 5,000 SF Occupancy 100%
Property Type Retail Tenancy Single
Property Sub-type Retail (Other) Lot Size 16,146 SF
Property Use Type Investment
Listing ID: 15288269 Date Created: 08/15/2007 Last Updated: 11/02/2007

Description

This offering is a 2 family house sitting on 16,146 sq ft of land. It also has a two story rear garage with office above. The property has driveway access from oak st. The property is currently rented to a not for profit since 2004 and they are now on a month to month lease. The property is zoned E business, located within the Township of Babylon. Current zoning allows for Business use with the following requirements:

Minimum Lot area 10,000.
Street Line Width None
Street Frontage 50 Lin Ft
Front Yard 25 Ft Setback
Total Side 15 Ft
Minimum Side 3 Ft
Rear Yard 50 Ft
Height 35 ft or 2.5 stories
Max Bldg Area 60% of total lot

The Town of Babylon has an aggressive IDA Program. The subject property is surrounded by retail with a new retail / residential building soon to open across the street. This is a perfect value add opportunity.

Research

1665 Great Neck Road, Copiague, NY 11726 (Suffolk County)

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