385 Silver Lane Oceanside, NY 11572
Calling All Investors, Developers & End-Users!!! 1+ Acre 5 Unit Development Site For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp, High 26' Ceilings, 15 Parking Spaces, 3 Br. House, Garage, 4 Greenhouses, Strategically Placed Curb Cuts, Strong Zoning, CAC, +++!!! The Property Is Located In The Heart Of Oceanside 1 Block Off Busy Atlantic Avenue!!! Neighbors Include Audi, Amazon, Nike, Costco, 7-Eleven, Dunkin, Walgreens, HomeGoods, Trader Joe's, IHOP, KFC, +++!!! According To The Owner An 84 Unit Assisted Living Facility Is Being Built Next Door To This Property. The Entire Property Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Main 3 Br. House: 1, 800 Sqft.: $48, 000 Ann. (Available) 6, 000 Sqft. Greenhouse: $84, 000 Ann. (Available) (2) 5, 000 Sqft. Greenhouses: $75, 000 Each Ann. (Available) 2, 000 Sqft. Greenhouse: $32, 000 Ann. (Available) Pro Forma Gross Income: $314, 000 Ann. Expenses: Maintenance & Repairs: $250 Ann. Insurance: $4, 000 Ann. Taxes: $48, 158.68 Ann. Total Expenses: $52, 408.68 Ann. Net Operating Income (NOI): $261, 591.32 Ann. (Pro Forma 9.02 Cap!!!)
- Property TypeCommercial
- NeighborhoodN/A
- CountyNassau
- Taxes$48,158
- HOA/Condo/Coop Fees$0
- Days on Site149 Days
- MLS StatusActive
- MLS ID Number3530000
- Home Size Source N/A
- Year Built1970
- Lot Size1.17 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 385 Silver Lane Oceanside, NY 11572
2 weeks ago | |
2 weeks ago | |
2 months ago | |
5 months ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Number of Stories 1
- Acreage 1.17
- Zoning Res Grnhse
- Cross Street Elm Street
- Property Sub Type Mixed Use
Community Features
- Township Hempstead