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- LoopNet Team
3914 Hempstead Tpke
Levittown, NY 11756
AMICO (Car Lot & Showroom) · Property For Lease
Highlights
- No tax increases for the length of the lease!
- Includes New York State inspection license and machine.
Property Facts
| Property Type | Retail | Year Built | 1958 |
| Property Subtype | Auto Dealership | Parking Ratio | 12.76/1,000 SF |
| Gross Leasable Area | 7,839 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 7,839 SF |
| Year Built | 1958 |
| Parking Ratio | 12.76/1,000 SF |
About the Property
Zoned as a car dealership with full service repair shop with two lifts. Includes New York State inspection license and machine. Low rent of approx. $8,800/month with no tax increases for the length of the lease. There is a 3.5% average annual rent escalation. You are purchasing the opportunity to assume the lease of a lot, approx. 24,700sf, which includes a building with two lifts and showroom that is approx. 3,000sf. This is a leasehold opportunity, not a business sale. You must obtain your own license. The lease has approx. 9 years remaining with an additional 10 year option. Asking $285,000. All information provided by current tenant. Confidential - Do Not Enter The Business!
