$1,650,000

8 Lake Ave

Oyster Bay NY, 11771

Description

Triple Net, No leases The properties are a unique investment opportunity. All properties have low taxes. 8, 10 & 12 Lake Ave and 46 Richard Place are 4 properties that are continuous being next door to each other with yards that are adjacent. On 2 of the properties the backyard area is a mechanics repair shop (fully permitted). Above the structure is room for a 1200 sq ft apartment or office. All the properties have basements. 46 Richard Place is a brick building that has gas, heat and central air. It also has a generator in case of outages. The yards are all attached allowing for the commercial property on the premises. 8 , 10 and 12 as well as Richard all have additional structures on the premises. See attachment for Schedule for income and expenses. The owner is willing to provide financing (hold paper) for the right buyer.

Details

MLS#10628568
StyleIndustrial
Sub-TypeResale
StatusActive
Year0
Days On Site131

Features

Story(s)0

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Area Information

StateNY
CityOyster Bay
Zip Code11771
Listing VS Median (in 11771)
Price:
$1,650,000
low | high
Med:
$1,312,450
70.457575757576% of Average
On Site:
131
low | high
Med:
82.500000
100% of Average
Listing Updated: 12/08/2019
MLS Number: 10628568
Listing Provided By:
Judy Etman  of  ETMAN JUDY Z