FREE STANDING BUILDING WITH AMAZING SIGNAGE. THIS STORE CAN BE SEEN FROM ANY DIRECTION! MOST IMPORTANTLY THIS PROPERTY FEATURES 10 PARKING SPOTS FOR YOUR CUSTOMERS CONVENIENCE.
Foreclosed Property Auction 12,500+ Sq Ft Mixed-Use Building on Main Thoroughfare Multi-Tenant Retail, Office & Warehouse Building Details: 440 West Merrick Rd (a/k/a 163 Buscher Ave), Valley Stream, NY 11580 12,560 Sq Ft Building 12,272 Sq Ft Lot (.28 Acres) 1,960 Sq Ft First Floor Retail Space 3,960 Sq Ft of Second Floor Office Space 6,640 Sq Ft Warehouse Space Blockthrough Property (W Merrick Rd to Buscher Ave) May be Delivered Vacant of Tenancies at Successful Bidder's Option Favorable Seller Financing Available Previously Listed at $1,100,000 $310,000 Opening Bid
Price Upon Req.4,018 SF
Rare, New York Metropolitan Retail Lease With NSLIJ. New Total Building Rehabilitation & 15 year Net Lease
Price Upon Req.2,800 SF
Newmark Grubb Knight Frank and Auction.com are pleased to present the opportunity to acquire a 2,800 SF retail building located at 126-128 Hempstead Turnpike in West Hempstead, NY. Originally built in 1952, the building is currently 50% occupied by a local church. Located in the heart of Nassau county, this property benefits from its location along the north side of Hempstead Turnpike, a primary state thoroughfare. The property is also easily accessible via public transportation, located less than a mile from two LIRR Commuter Rail stations, West Hempstead (0.3 miles) and Hempstead Gardens (0.9 miles).
Foreclosed Property Auction 1,200+ Sq Ft Retail/Office/Professional Building in Heart of Downtown Full & Finished Basement Details: 6-8 Main Street, Hempstead, NY 11550 1,296 Sq Ft Above Grade + 1,152 Sq Ft Finished Basement Ideally Located in Heart of Downtown Hempstead Directly Across from Tremendous Municipal Lot Turn-Key Medical Facility 1,296 Sq Ft Lot (24' x 54') 24' Frontage on Main Street Near LIRR & Bus Stations Prime Investor or User Opportunity Year Built: 1930 Location: Central Business District Section: 34 Block: 340 Lot: 3 Currently Vacant & Delivered Vacant at Closing Previously Listed at $425,000 $90,000 Opening Bid
FREE STANDING WALDBAUMS SUPERMARKET NNN LEASED 6.45% CAP WALDBAUMS Has been in this location since 1966 approx 42,000 sf on approx 3 acres Lease Expires 2/29/2024 8 years 7 months approx PURE NNN LEASE WITH NO LANDLORD RESPONSIBILITY Original Mortgage Amount $11,000,000 Approximate Mortgage Balance $10,350,000 Interest rate 4.80% Monthly Debt Service $56,401.53 x 12 = $676,818.36 Lender hold back for reserves monthly amount $1,766.42 x 12 = $ 21,197.04 Lock box fee approximate $ 5,182.76 Total expense $ 703.471.16 Rental $1,165,835 till 2/29/2024 7 Five years options Options have 5% increases every five years Equity $7,710,000 Cash flow after Debt service $ 38,553.07 x 12 = $462,636.84 6% cash on cash
$1,950,000Size Upon Req.
10 Apartment Units Six one bedrooms Two studios One 1 & half Bedroom One 3 BR 2 Retail Storefronts Right Time Realty, LLC Lot Size: 35,740 SF $233,623.20 Gross Income
EMPLOYEES UNAWARE OF BUILDING SALE. PLEASE KEEP CONFIDENTIAL. ±9,800 sq. ft. of magnificent retail space on three levels, built in 2006. Approximately 4,800 sq. ft. on ground level, 2,800 sq. ft. finished lower level and 2,200 sq. ft. of exquisite mezzanine (all superb merchandising space).