76-80 Atlantic Avenue - Lynbrook, NY - SOLD

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Property Resources

Brochure: click here

Property Description

Commercial building available for sale in Lynbrook's prime downtown shopping district. Building is currently divided into 3 storefronts, two of which have exisitng long term leases. There are about 8-10 parking spaces at the rear of the property behind the building. Owner had made several updates to the building including all new plumbing, electric, heating and installation of a new roof. The property is located on the East side of Atlantic Avenue between Sunrise Highway and Lincoln Place. It is within walking distance to the LIRR-Lynbrook train station, the Kindergarten Center and High School as well as many other of Lynbrook's offices, restaurants and stores.
  • 2013 Projected Gross Income: $87,800
  • Projected Operating Expenses including taxes: $45,596
  • Projected Net Operating Income: $42,204

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Listing Information

Listing ID:
Offer: SOLD For Sale
Price: $625,000 ($148.81/SF)
Approx Tax: $37,204 Per Annum

Property Information

Property Type: Retail
Location: Lynbrook, NY
Region: Long Island
Building Size: 4,200 SF
Parking Spaces: 8-10
Heat: Gas
A/C: Central
Units: 3
Zoning: Retail - Commercial
Year Built: 1922
* All sizes and dimensions are approximate, see disclaimer below for more information.

Agent Info

Jaime Pompa-Jamin
JPJ Real Estate & Design
Phone: (516) 855-4593
Fax: (516) 706-1310
All information herein was provided by or obtained from the owner of the property or from sources that we deem reliable. Though we have no reason to doubt the validity of the information, we do not warrant any information disclosed. All measurements of area and dimensions, zoning and uses must be immediately verified. IT IS STRONGLY URGED THAT THE PROSPECTIVE CAREFULLY VERIFY EACH ITEM OF SIZE, EXPENSES, RENT ROLLS, PERMITTED LEGAL USE AND ALL OTHER INFORMATION HEREIN.
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