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    3914 Hempstead Tpike Turnpike

    Levittown, NY 11756
    • $285,000
    • STATUS: Active
    • ON SITE: 339 days
    • MLS #: 3246406
    UPDATED: 235 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 Keller Williams Points North - Team Galligan. Data last updated: 2021-08-01T00:17:08.713.
    www.thegalligangroup.com/homes/109394622
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    3914 Hempstead Tpike Turnpike Levittown, NY 11756

    • Price: $285,000
    • Status: Active
    • Updated: 235 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 Keller Williams Points North - Team Galligan. Data last updated: 2021-08-01T00:17:08.713.
     
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