1544-1556 Union Blvd
Bay Shore, NY 11706
Retail Property For Sale
Property Facts
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
| Parcel Number | 0500-392-00-03-00-062-000 | Improvements Assessment | $56,100 |
| Land Assessment | $3,200 | Total Assessment | $59,300 |
Property Taxes
