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1215 Little East Neck Rd
Wyandanch, NY 11798
Industrial Property For Sale

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INVESTMENT HIGHLIGHTS

  • Calling All Investors, Developers, & End-Users!!! Successful 3 Bay Auto Repair Shop / Warehouse With 2 Private Parking Lots & A HUGE Gated Yard
  • The Building Is Situated On A Huge 30,000+ Sqft. Lot!!!
  • Neighbors Include Starbucks, U-Haul, Extra Space Storage, 7-Eleven, Dunkin’, Valero, Shell, CVS, Penske Truck Rental, Educational Bus Company, +++!!
  • The Property Features Great Exposure, Excellent Signage, Strong Auto Repair/E Business Zoning, 3 Bays, 2 New Oil Tanks, +++!!!
  • The Property Is Located On Busy Little East Neck Rd In Between The Southern State Pkwy. & LIRR Station & Has A Daily Traffic Count Of 31,200 Ve

EXECUTIVE SUMMARY

Calling All Investors, Developers, & End-Users!!!  Successful 3 Bay Auto Repair Shop / Warehouse With 2 Private Parking Lots & A HUGE Gated Yard For Sale!!! The Property Features Great Exposure, Excellent Signage, Strong Auto Repair / E Business Zoning, 3 Bays, Huge 30,000 Sqft. + Lot, Dedicated Turning Lane, 2 New Oil Tanks, 2 Private Parking Lots, Waiting Room, 3 Lots, 2 Strategically Placed Curb Cuts, 58 Parking Spaces, High 17’ Ceilings, HUGE Gated Yard, 3 Phase Power, 2 Skylights, 800 Sqft. Basement, All New LED Lighting, CAC, +++!!! The Property Is Located On Busy Little East Neck Road In Between The Southern State Pkwy. & LIRR Station!!! Neighbors Include Starbucks, U-Haul, Extra Space Storage, 7-Eleven, Dunkin’, Valero, Shell, CVS, Penske Truck Rental, Educational Bus Company, Taco Joe’s, Burger King, Carvel, Domino’s, +++!!! This Successful Repair Shop Has Been In Business For 39+ Years!!! This Property Has A Daily Traffic Count Of 31,200 Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site, Investment Property Or Home For Your Business!!!
Income:
3 Bay Repair Shop With Parking Lot: $84,000 Ann. (Available)
Rear Yard With Office: $60,000 Ann. (Available)
Pro Forma Gross Income: $144,000 Ann.
Expenses:
Oil: $0 Ann.
Electric: $0 Ann.
Insurance: $1,383 Ann.
Snow & Landscape: $0 Ann.
Taxes: $16,202 Ann.
Total Expenses: $17,585 Ann.
Net Operating Income (NOI): $126,415 Ann. (Pro Forma 9.72% Cap!!!)

PROPERTY FACTS Under Contract

Sale Type Investment or Owner User
Cap Rate 9.72%
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Repair
  • General Retail Freestanding
  • Industrial Warehouse
Building Class A
Lot Size 0.70 AC
Rentable Building Area 3,837 SF
No. Stories 1
Year Built/Renovated 1989/2023
Parking Ratio 15.12/1,000 SF
Clear Ceiling Height 16’
Zoning E- Business - E- Business

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Fenced Lot
  • Security System
  • Signage
  • Skylights
  • Yard
  • Storage Space
  • Air Conditioning

UTILITIES

  • Water - County Water
  • Heating - Fired Oil

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0100-078-00-02-00-021-000
Land Assessment
$1,433 CAD
Improvements Assessment
$4,381 CAD
Total Assessment
$5,814 CAD
  • Listing ID: 30057549

  • Date on Market: 2022-11-18

  • Last Updated:

  • Address: 1215 Little East Neck Rd, Wyandanch, NY 11798

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