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1544-1556 Union Blvd
Bay Shore, NY 11706
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,580 SF
Building Class
C
Year Built/Renovated
1956/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.53
Lot Size
0.20 AC
Zoning
Mixed-Use
Parking
2 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
190’ on Union Blvd

ABOUT 1544-1556 UNION BLVD , BAY SHORE, NY 11706

Calling All Investors & Developers!!! 100% Occupied 5 Unit Mixed-Use Corner Property For Sale!!! Located On The Corner Of Union Ave. & N. Clinton Blvd. This Property Offers 190' Of Frontage On Union Blvd.!!! The Property Is Comprised Of A 2,000 Sqft. Corner House, 2 Retail Stores, A 2 Car Garage & An Additional 3 Br House. The Property Features Excellent Location At A Signalized Intersection, Great Exposure, +++!!! Corner House: $42,000 Ann. (M-M) Salon: $21,600 Ann. (Lease Exp. 6/1/2024; $100 Per Month Ann. Increase) 2 Car Garage: $7,200 (M-M) 3 Br House: $30,000 Ann. (M-M) Beauty Store: $18,000 Ann. (Lease Exp. 6/1/2024; $100 Per Month Ann. Increase) Gross Income: $118,800 Expenses: Gas: $0 Electric: $0 Maintenance & Repairs: $400 Insurance: $4,200 Taxes: $22,000 Water: $0 Landscaping/ Snow: $0 Total Expenses: $26,600 Net Operating Income (NOI): $92,200 (9.33 Cap!!!)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0500-392-00-03-00-062-000
Land Assessment
$3,200
Improvements Assessment
$56,100
Total Assessment
$59,300
  • Listing ID: 16775439

  • Date on Market: 7/31/2019

  • Last Updated:

  • Address: 1544-1556 Union Blvd, Bay Shore, NY 11706

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