329 Deer Park Road, Dix Hills, NY 11746

Property Description

The Property Features Excellent Signage, Great Exposure, High 8’ Ceilings, R40 Zoning, 32 Parking Spaces, 2 Car Garage, Skylight, 2 Bay Warehouse, Circular Driveway, 3 Br. Apartment, Huge Yard, 200 Amp Power, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Dix Hills On Route 231 In Between The Northern State Pkwy. & L.I.E. (I-495)!!! This Portion Of Deer Park Avenue Has A Daily Traffic Count Of 28,000+ Vehicles Per Day!!! Neighbors Include BMW, Audi, Jeep-Dodge-Ram, Chevrolet, Toyota, Kia, Honda, Mazda, Subaru, The Home Depot, Target, Extra Space Storage, Sunoco, WholeFoods, Petco, Dunkin’, McDonald’s, Wendy’s, +++!!! The Property Is Located Next Door To Sunrise Senior Living!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Daycare (3,700 Sqft.): $120,000 Ann. (Available) 3 Br. Apt. : $48,000 Ann. (Available) 2 Car Garage: $15,600 Ann. (Available) 2 Bay Warehouse + Yard (1,200 Sqft.): $72,000 Ann. (Available) Yard: $24,000 Ann. (Available) Gross Income: $279,600 Ann. Expenses: Gas: $0 Electric: $0 Maintenance & Repairs: $250 Ann. Insurance: $2,989 Ann. Taxes: $21,628.80 Ann. Water: $520 Ann. Total Expenses: $25,387.80 Ann. Net Operating Income (NOI): $254,212.20 Ann. (Pro Forma 8.51% Cap!!!)Calling All Investors, Developers & End-Users!!! Amazing 8.51 Cap Daycare/ Residential/Warehouse Combo Property For Sale In Dix Hills!!! The Property Is Situated On A HUGE 50,500+ Sqft.