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232-236 Broadway

5,600 SF 100% Leased Retail Building Amityville, NY 11701 $3,700,000 ($661/SF)

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Investment Highlights

Calling All Investors, Developers & End-Users!!! 20,280+ Sqft. Mixed-Use Development Site On Broadway For Sale!!!
The Property Has 138+ Feet Of Frontage On Busy Broadway & Is Located In The Heart Of Amityville 1 Block From The Amityville LIRR Station!!!
This Property Offers HUGE Upside Potential!!!

The Buildings Feature Great Exposure, Excellent Signage, 30 Parking Spaces, High 9’ Ceilings, Strategically Placed Curb Cuts, Ramp, Sprinklers, +++!!!
Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Health, Target, The Home Depot, QuickChek, Extra Space Storage, +++!!!
This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Executive Summary

Calling All Investors, Developers & End-Users!!! 20,280+ Sqft. Mixed-Use Development Site On Broadway For Sale!!! The Buildings Feature Great Exposure, Excellent Signage, 30 Parking Spaces, High 9’ Ceilings, Strategically Placed Curb Cuts, Ramp, Sprinklers, Accessible Bathrooms, All New LED Lighting, 200 Amp Power, CAC, +++!!! The Property Has 138+ Feet Of Frontage On Busy Broadway & Is Located In The Heart Of Amityville 1 Block From The Amityville LIRR Station!!! Neighbors Include Starbucks, Mercedes-Benz, Kia, Nissan, 7-Eleven, Northwell Health, Target, The Home Depot, QuickChek, Extra Space Storage, Dunkin’, Walgreens, CityMD, Valero, Taco Bell, McDonald’s, Checkers, KFC, Burger King, Red Lobster, Dollar Tree, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Nail Salon: $24,000 Ann. M-M.
Beauty Parlor: $24,000 Ann. M-M.
Diner: $120,000 Ann. M-M (Delivered Vacant)
Apt. 1 (2 Br., 1 Bath): $21,600 Ann. M-M.
Apt. 2 (2 Br., 1 Bath): $24,000 Ann. M-M.
Gross Income: $213,600 Ann.
Expenses:
Oil: $3,000 Ann.
Electric: $0 Ann.
Insurance: $4,223 Ann.
Water: $1,500 Ann.
Taxes: $34,348.45 Ann.
Total Expenses: $43,071.45 Ann.
Net Operating Income (NOI): $170,528.55 Ann.

Financial Summary (Actual - 2024)	Annual	Annual Per SF
Gross Rental Income	$213,600	$38.14
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$213,600	$38.14
Taxes	$34,348	$6.13
Operating Expenses	$8,723	$1.56
Total Expenses	$43,071	$7.69
Net Operating Income	$170,529	$30.45

Financial Summary (Actual - 2024)

Gross Rental Income
Annual	$213,600
Annual Per SF	$38.14

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$213,600
Annual Per SF	$38.14

Taxes
Annual	$34,348
Annual Per SF	$6.13

Operating Expenses
Annual	$8,723
Annual Per SF	$1.56

Total Expenses
Annual	$43,071
Annual Per SF	$7.69

Net Operating Income
Annual	$170,529
Annual Per SF	$30.45

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

5,600 SF

Building Class

Year Built

1953

Price

$3,700,000

Price Per SF

$661

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

0.33

Land Acres

0.39 AC

Zoning

Restaurant/Mixed-Use

Parking

35 Spaces (1.23 Spaces per 1,000 SF Leased)

Frontage

138 FT on Broadway

Amenities

24 Hour Access
Corner Lot
Dedicated Turn Lane

Restaurant
Security System

Signage
Tenant Controlled HVAC

Storage Space
Air Conditioning

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Walk Score ®

Very Walkable (86)

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, Transit Score® & Bike Score?

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of any address. Transit Score®

measures access to public transit. Bike Score®

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Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	0101-003-00-05-00-008-002	Total Assessment	$10,740 (2023)
Land Assessment	$6,960 (2023)	Annual Taxes	$34,348 ($6.13/SF)
Improvements Assessment	$3,780 (2023)	Tax Year	2024