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$ 1,100,000
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501 William Floyd Pkwy Shirley, NY 11967
0.69 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 945326
Rental Info No
Year Built 1990
Annual Tax Amount $15,201
Lot Size 0.690 Acres
Acres 0.69
Property Sub-Type Multi Family
Source onekey2
Property Description
Calling All Investors, Developers & End-Users!!! Free Standing Building With A1 Zoning On A Huge 30,300+ Sqft. Lot On William Floyd Pkwy. For Sale!!! The Property Features Excellent Signage, Great Exposure, 26 Parking Spaces, High 10' Ceilings, A1 Zoning, J Business District, Kitchen, Sprinklers, Skylights, Ramp, Conference Room, Multiple Offices, Accessible Parking, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Shirley On Busy William Floyd Pkwy. Just Minutes From Sunrise Hwy.!!! Neighbors Include Starbucks, The Home Depot, USPS, UPS, Stop & Shop, Ulta Beauty, Kohl's, Marshalls, Dunkin', Kay Jewelers, CVS, McDonald's, King Kullen, McDonald's, Taco Bell, Wendy's, Sonic, Enterprise Rent-A-Car, Aldi, Lidl, Dollar Tree, STS Tire, Jersey Mike's Subs, Carvel, KFC, +++!!! The Property Has 151' Of Frontage On William Floyd Parkway!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
County Office (1,700 Sqft.): $42,000 Ann.; Lease Exp.: 9/1/26.
Taxi Co. (800 Sqft. LL): $18,000 Ann.; 3% Ann. Inc.; Lease Exp.: 12/1/30.
Finished LL (2,200 Sqft.): $36,000 Ann. (Available)
1st Floor (900 Sqft.): $24,000 Ann. (Available)
1st Floor (1,110 Sqft.) $28,800 Ann. (Available)
Pro Forma Gross Income: $148,800 Ann.
Expenses:
Oil: $2,350 Ann.
Electric: $2,139 Ann.
Water: $178 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,862 Ann.
Taxes: $15,037 Ann.
Total Expenses: $23,816 Ann.
Pro Forma Net Operating Income (NOI): $124,984 Ann. (11.36% Cap!!!)
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Income:
County Office (1,700 Sqft.): $42,000 Ann.; Lease Exp.: 9/1/26.
Taxi Co. (800 Sqft. LL): $18,000 Ann.; 3% Ann. Inc.; Lease Exp.: 12/1/30.
Finished LL (2,200 Sqft.): $36,000 Ann. (Available)
1st Floor (900 Sqft.): $24,000 Ann. (Available)
1st Floor (1,110 Sqft.) $28,800 Ann. (Available)
Pro Forma Gross Income: $148,800 Ann.
Expenses:
Oil: $2,350 Ann.
Electric: $2,139 Ann.
Water: $178 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,862 Ann.
Taxes: $15,037 Ann.
Total Expenses: $23,816 Ann.
Pro Forma Net Operating Income (NOI): $124,984 Ann. (11.36% Cap!!!)
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Location
State NY
County Suffolk County
Interior
Heating Oil
Cooling Central Air
Fireplace No
Exterior
Parking Features Off Street, Other
Utilities Available Electricity Connected, Trash Collection Public
Total Parking Spaces 26
Building
Sewer Cesspool
Water Other
Structure Type Frame
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • Richard Matt Shane
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.





