1. New York
  2. Smithtown
  3. 410 Lake Avenue
$750,000

410 Lake Avenue, Smithtown, NY 11787

  • 1,950 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $385/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Calling All Investors, Developers & End-Users!!! 10.4 Cap 1,950 Sqft. Free Standing Building With WET Use + Private Parking Lot On Lake Avenue For Sale!!! The Property Is Located In The Heart Of Saint James 2 Blocks From The Saint James LIRR Station!!! The Building Features Excellent Signage, Great Exposure, Central Business Zoning, 25 Parking Spaces, High 10’ Ceilings, Private Driveway & Parking, Sprinklers, Security System, Strategically Placed Curb Cuts, Accessible Parking & Bathrooms, All New LED Lighting, CAC+++!!! The Building Has 54+ Feet Of Frontage On Busy Lake Avenue!!! Neighbors Include Starbucks, USPS, Mercedes, Lexus, Acura, Kia, Toyota, Jeep-Dodge-Ram, Chevrolet, Mazda, Fairfield Properties, Capital One Bank, TD Bank, King Kullen, 7-Eleven, Dunkin’, Whole Foods, Costco, BP Gas, Lowe’s, Trader Joe’s, Macy’s, +++!!! As Per The Seller The Building Has Air Rights Up To 35’!!! The Entire Building Will Be Delivered Vacant!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Storefront (1,950 Sqft.): $78,000 Ann. NNN Total Gross Income: $78,000 Ann. Expenses: Gas: $0 Ann. (NNN Lease) Electric: $0 Ann. (NNN Lease) Water: $0 Ann. (NNN Lease) Maintenance & Repairs: $0 (NNN Lease) Insurance: $0 (NNN Lease) Taxes: $14,268 Ann. (Tenant Pays, NNN Lease) Total Expenses: $0 Ann. Pro Forma Net Operating Income (NOI): $78,000 Ann. (10.4 Cap!!!) Reply, Reply All or Forward Attach Add GIF Add stationery

Listing Status:
Pending
Listing Office:
All Island Estates Realty Corp : 516-783-5600
MLS ID:
840668

This listing courtesy of All Island Estates Realty Corp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Smithtown Elementary School

51 Lawrence Ave, Smithtown, NY, 11787

Grades KG-5

0.59 miles away

N

Nesaquake Middle School

479 Edgewood Ave, Saint James, NY, 11780

Grades 6-8

1.94 miles away

S

Smithtown High School-West

100 Central Rd, Smithtown, NY, 11787

Grades 9-12

2.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.