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  • Calling All Investors, Developers & End-Users!!! 9.8 Cap, 5 Unit Investment Property With Solid Tenants On A HUGE 2+ Acre Lot For Sale!!! All Tenants Pay Their Own Utilities & Have Long Leases In Place!!! The Property Features Great Exposure, Excellent Signage, 10, 415 Sqft. Building With 400 Amp 3 Phase Power, 16’ Ceilings, 126 Parking Spaces, Strong J-2 Zoning, Fenced Lot, Public Garage Permit, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Center Moriches Just Minutes From Sunrise Highway & William Floyd Parkway!!! Neighbors Include Starbucks, Capital One Bank, The Home Depot, Stop & Shop, Dunkin’, 7-Eleven, CVS, McDonald’s, Kohl’s, Mobil, Baskin Robins, Family Dollar, Wendy’s, Lidl, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Dance Elektra (4, 712 Sqft.): $62, 352 Ann.; 2% Ann. Inc.; Lease Exp.: 5/31/27. C & J Truck Repair (1, 700 Sqft.): $52, 450.92 Ann.; 3% Ann. Inc.; Lease Exp.: 2/28/30. C & J (Yard Space): $12, 000 Ann. Office (500 Sqft.): $21, 600 Ann. 2 Br. Apt. + Contractor Office & Yard Space : $48, 000 Ann. Lease Exp.: 1/2029. Gross Income: $196, 402.92 Ann. Expenses: Gas: $0 Ann. Oil: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2, 856 Ann. Taxes: $26, 191.54 Water: $0 Ann. Snow & Landscape: $850 Ann. Total Expenses: $30, 147.54 Ann. Net Operating Income (NOI): $166, 255.38 Ann. (7.92 Cap!!!) 35
    10 Wilcox Avenue Center Moriches, NY 11934
    $2,100,000
    Mixed Use Commercial ML# 3500025
    Calling All Investors, Developers & End-Users!!! 9.8 Cap, 5 Unit Investment Property With Solid Tenants On A HUGE 2+ Acre Lot For Sale!!! All Tenants Pay Their Own Utilities & Have Long Leases In Place!!! The Property Features Great Exposure, Excellent Signage, 10, 415 Sqft. Building With 400 Amp 3 Phase Power, 16’ Ceilings, 126 Parking Spaces, Strong J-2 Zoning, Fenced Lot, Public Garage Permit, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Center Moriches Just Minutes From Sunrise Highway & William Floyd Parkway!!! Neighbors Include Starbucks, Capital One Bank, The Home Depot, Stop & Shop, Dunkin’, 7-Eleven, CVS, McDonald’s, Kohl’s, Mobil, Baskin Robins, Family Dollar, Wendy’s, Lidl, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next Development Site / Home For Your Business!!! Income: Dance Elektra (4, 712 Sqft.): $62, 352 Ann.; 2% Ann. Inc.; Lease Exp.: 5/31/27. C & J Truck Repair (1, 700 Sqft.): $52, 450.92 Ann.; 3% Ann. Inc.; Lease Exp.: 2/28/30. C & J (Yard Space): $12, 000 Ann. Office (500 Sqft.): $21, 600 Ann. 2 Br. Apt. + Contractor Office & Yard Space : $48, 000 Ann. Lease Exp.: 1/2029. Gross Income: $196, 402.92 Ann. Expenses: Gas: $0 Ann. Oil: $0 Ann. Electric: $0 Ann. Maintenance & Repairs: $250 Ann. Insurance: $2, 856 Ann. Taxes: $26, 191.54 Water: $0 Ann. Snow & Landscape: $850 Ann. Total Expenses: $30, 147.54 Ann. Net Operating Income (NOI): $166, 255.38 Ann. (7.92 Cap!!!)
    Presented By: All Island Estates Realty Corp  516-783-5600
    Call Today: 516-783-5600, (516) 279-8828, 516-279-8828, or  Email: Richard Matt Shane
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OneKey™ MLS The data relating to real estate for sale on this web site comes in part from the OneKey™ MLS. Real Estate listings held by brokerage firms other than All Island Estates Realty Corp are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

516.783.5600

3242 Railroad Ave., Wantagh, NY 11793


516.783.4540

3950 Merrick Road, Seaford, NY 11783, USA

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