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    1 home
    1 result available
    Closed Oct 12, 2023
    169 Islip Avenue, Islip, NY 11751
    $595,000
    5,227sqft
    acres
    Commercial Sale

    169 Islip Avenue, Islip, NY 11751

    Listing by: Winkler Real Estate Inc
    1 - 1 of 1 results
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    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    OneKey® MLS
    169 Islip Avenue, Islip, NY 11751
    Closed Oct 12, 2023
    $595,000
    5,227sqft
    acres

    169 Islip Avenue, Islip, NY 11751

    City/Town:Islip   Post Office: Islip     Hamlet:Islip

    Commercial Sale by Jamie C. WinklerWinkler Real Estate Inc.

    Data checked -. Listing last updated 106 days ago.
    1. Overview
    2. Details
    3. More 

    Great Small Store Investment Opportunity with 1,900 Square Feet & 2 Stable Tenants Who Have Been Renting for Many Years: Mojo Printing Since 2010 & Bagels 'R Us Since 2000. Both Have Storefronts Each with 950 Square Feet. Each Tenant Has Their Own Basement & Pay Their Own Utilities with Separate 10-Year-Old Gas Hot Water Boilers & 200 Amp Electrical Service. Doors in Front & in Rear & 8 Parking Spaces. Mojo Printing Pays $1,900/Month, Just Signed 3-Year Lease & Has 3-Year Extension, & Bagels 'R Us Pays $2,250/Month, Just Signed a 5-Year Lease & Has a 5-Year Extension. Both Tenants Pay 3% Rent Increases Each Year & 50% of the Increase in Taxes. Landlord Pays Taxes of $10,600/Yr and $3,200 for Insurance & Does Snow Removal. Net Income of $36,000/Year = 6% CAP Rate., Additional information: Office Pct.:0,vac_perc:0, Building Size:1900

    Details
      Property type
    Commercial Sale
      Year built
      Heating
    Baseboard, Natural Gas
      Cooling
    None
      Garage
    No
      City/Town
    Islip
      Post Office
    Islip
      Hamlet
    Islip
      Parking spots
    8
    L3440766
    MLS ID
    Closed
    Status
    Oct 12, 2023
    Closed
      Flooring
      View
    Exterior features
    Lot features
    Monthly taxes
    $925
    Yearly taxes
    $11,102
    Schools
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Jamie C. Winkler
    Jamie C. Winkler
    Real Estate Broker, Winkler Real Estate Inc
     
    Location
    Main Street, Islip, North on Route 111, aka, Islip Avenue. North of Union Boulevard to #169 on Right Side: Mojo Printing and Bagel Store.
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    169 Islip Avenue, Islip, NY 11751, is a 5227 sqft. Mixed Use built in . This property is currently available for sale and was listed on OneKey® MLS on Invalid date. The MLS# for this Mixed Use is MLS# L3440766.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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