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3914 Hempstead Tpike Turnpike

Levittown, NY 11756
  • $285,000
  • STATUS: Active
  • ON SITE: 292 days
  • MLS #: 3246406
UPDATED: 65 min ago
$285,000
  • 0
    BEDS
  • 0.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial-Lease
Built:
1958
County:
Area:

School Ratings & Info

Description

This is a great opportunity for someone looking to open or expand their auto sales business in Central Nassau County. Located on busy Hempstead Tpke in Levittown with fantastic visibility. You are purchasing the opportunity to assume a lease of a lot of approx. 24,700sf, which includes a building with 2 lifts that is approx. 3,000sf. This is a leasehold investment, not a business sale. You must obtain your own license. This is an opportunity to assume a lease of a lot and building that are already zoned for automotive sales and services for $285,000 (key money). The building contains 2 service bays with 2 lifts. There is also an inspection machine available at an additional cost. The rent is $8,800/month with no tax increases for the length of the lease. There is an 3.5% average annual rent escalation. This lease has approx. 10 years remaining with an additional 10 year option. All information provided by current tenant. Confidential-Do not enter the business.

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prospes Real Estate Corp. Data last updated: 2021-06-15T07:17:17.373.
www.prospesnyc.com/homes/109394622
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3914 Hempstead Tpike Turnpike Levittown, NY 11756

  • Price: $285,000
  • Status: Active
  • Updated: 65 min ago
  • MLS #: 3246406
0
Beds
0
Baths
0
½ Baths
0.57
Acres
1958
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
Property Description
This is a great opportunity for someone looking to open or expand their auto sales business in Central Nassau County. Located on busy Hempstead Tpke in Levittown with fantastic visibility. You are purchasing the opportunity to assume a lease of a lot of approx. 24,700sf, which includes a building with 2 lifts that is approx. 3,000sf. This is a leasehold investment, not a business sale. You must obtain your own license. This is an opportunity to assume a lease of a lot and building that are already zoned for automotive sales and services for $285,000 (key money). The building contains 2 service bays with 2 lifts. There is also an inspection machine available at an additional cost. The rent is $8,800/month with no tax increases for the length of the lease. There is an 3.5% average annual rent escalation. This lease has approx. 10 years remaining with an additional 10 year option. All information provided by current tenant. Confidential-Do not enter the business.
Exterior Features

Lot Size Dimensions 163X211

Property Features

Business Type Other Cross Street Emerson Ave Property Sub Type Mixed Use Tax Annual Amount 0.00 Tax Block 535 Tax Lot 10

Listing courtesy of Joseph Barbuto of Southgate Realty Corporation.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Prospes Real Estate Corp. Data last updated: 2021-06-15T07:17:17.373.
 
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