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557 Deer Park Rd, Dix Hills, NY 11746 557 Deer Park Rd 47,916 SF Flex Building Dix Hills, NY 11746 $1,500,000 ($31.30/SF) 5.54% Cap Rate



EXECUTIVE SUMMARY
This exceptional property, located in the vibrant community of Dix Hills, offers a unique opportunity for nursery or greenhouse enthusiasts. Situated on a sprawling 1.1-acre corner lot at the intersection of Deer Park Avenue and the South Service Road, this property boasts prime visibility and convenient access. The existing 3-bedroom, 1-bathroom house provides comfortable living accommodations and is currently rented on a yearly basis, ensuring an immediate income stream for savvy investors. In addition to the main residence, there is a detached 2-car garage with an office space, offering versatility for various business or storage needs. With its desirable R-40 zoning, this property is tailor-made for creating a flourishing nursery or greenhouse. The corner location and proximity to major roads make it convenient for customers to access and explore your offerings. Don't miss out on this exceptional opportunity to establish your own nursery or greenhouse on this 1.1-acre property in Dix Hills.
PROPERTY FACTS
| Price | $1,500,000 | Lot Size | 1.10 AC |
| Price Per SF | $31.30 | Rentable Building Area | 47,916 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 5.54% | Year Built | 1974 |
| Property Type | Flex | Tenancy | Single |
| Building Class | C | ||
| Zoning | R-40 - a residential zoning district that varies by location and purpose, but generally aims to balance open space with moderate-density housing | ||
| Price | $1,500,000 |
| Price Per SF | $31.30 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.54% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.10 AC |
| Rentable Building Area | 47,916 SF |
| No. Stories | 1 |
| Year Built | 1974 |
| Tenancy | Single |
| Zoning | R-40 - a residential zoning district that varies by location and purpose, but generally aims to balance open space with moderate-density housing |
AMENITIES
- Air Conditioning
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557 Deer Park Rd, Dix Hills, NY 11746 | 557 Deer Park Rd
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