This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,385,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Calling All Investors, Developers & End-Users!!! 6,600+ Sqft. Office Building With Private Parking Lot On Wantagh Avenue For Sale!!! The Building Features Excellent Signage, Great Exposure, Strong Zoning, 28 Parking Spaces, Private Parking Lot, High 10' Ceilings, 2 Strategically Placed Curb Cuts, All New LED Lighting, Sprinklers, 3 Phase 600 Amp Power, CAC, +++!!! The Property Is Located In Wantagh On Busy Wantagh Avenue Just Minutes From The Southern State Parkway!!! The Building Is Situated Just Off Route 105 In Between The Wantagh Parkway & Route 135!!! Neighbors Include Starbucks, Verizon, USPS, UPS, FedEx, Walmart, Chase Bank, TD Bank, Webster Bank, Citizen's Bank, CVS, 7-Eleven, Dunkin', Shell, Iavarone Brother's, Petco, Aboff's Paints, Chipotle, Smashburger, Taco Bell, Burger King, KFC, +++!!! This Property Has A Daily Traffic Count Of 18,100+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!! Income: 2nd Floor: 400 Sqft.: $10,800 Ann. Lease Exp.: 1/1/24. 200 Sqft.: $7,920 Ann. M-M. 200 Sqft. Office: $16,800 Ann. (Available) 200 Sqft. Office: $16,800 Ann. (Available) 400 Sqft.: $20,400 Ann. (Available) 1st Floor: 2,441 Sqft. Office: $78,741 Ann. (Available) LL Office (2,400 Sqft.): $28,000 Ann. (Available) Pro Forma Gross Income: $179,461 Ann. Expenses: Electric: $763 Ann. (Common Areas Only) Gas: $4,822 Ann. (Common Areas Only) Insurance: $3,223 Ann. Maintenance & Repairs: $250 Ann. Taxes: $46,729 Ann. Total expenses: $55,787 Ann. Net Operating Income (NOI): $123,674 Ann. (Pro Forma 8.53 Cap!!!)
Full Property Details
Full Property Details for 1220 Wantagh Ave
General
- Sold For: $1,385,000
- Taxes: $46,729
- Status: Closed
- Type: Commercial
- Source: Long_Island
- MLS ID: L3534400
- Added to Site: 723 day(s) ago
Location
- County: Nassau
- Township: Hempstead
- Cross Streets: Jerusalem Avenue
- Driving Directions: Wantagh Avenue cross Jerusalem Ave.
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 2
- Stories in Building: 2
- Square Feet: 6,666
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 12,998
- Lot Size Source: Other
- Lot Dimensions: 100 x 130
- Zoning: Office BLd
Financial Considerations
- Tax Amount: $46,729
Disclosures and Reports
- Property ID: 2089-56-462-00-0046-0
- Block: 462
- Lot Number: 46
Listed and Sold by All Island Estates Realty Corp
Get Pre-Approved Today
Schools
Schools serving 1220 Wantagh Ave
School District:Wantagh Union Free School District
| Name | Grades | Distance |
|---|---|---|
Wantagh Middle School 3299 Beltagh Avenue, Wantagh, NY 11793 | 6-8 | 0.3 mi |
Wantagh Senior High School 3297 Beltagh Avenue, Wantagh, NY 11793 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 Wantagh Ave
Date
Details
Price
Change
Source
7/29/2024
Sold
$1,385,000
-4.48%
MLS
3/14/2024
Price Reduced
$1,450,000
-8.69%
MLS
2/28/2024
Listed
$1,588,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1220 Wantagh Avenue, Wantagh, NY 11793 (MLS# L3534400) is a Commercial property that was sold at $1,385,000 on July 29, 2024. Want to learn more about 1220 Wantagh Avenue? Do you have questions about finding other Commercial real estate for sale in Wantagh? You can browse all Wantagh real estate or contact a Coldwell Banker agent to request more information.
