1220 Wantagh Avenue Wantagh, NY $ 1,450,000
1220 Wantagh Avenue
$ 1,450,000
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1220 Wantagh Avenue

Wantagh, NY, 11793
$ 1,450,000
Baths0.0 Sq 12,998

Monthly Estimate*

$ 10,129

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Studio

Commercial Property for sale in Wantagh, NY

for $1,450,000. This 12,998 square foot building was built in 1952 on a lot size of 0.3.

Calling All Investors, Developers & End-Users!!! 6,600+ Sqft. Office Building With Private Parking Lot On Wantagh Avenue For Sale!!! The Building Features Excellent Signage, Great Exposure, Strong Zoning, 28 Parking Spaces, Private Parking Lot, High 10' Ceilings, 2 Strategically Placed Curb Cuts, All New LED Lighting, Sprinklers, 3 Phase 600 Amp Power, CAC, +++!!! The Property Is Located In Wantagh On Busy Wantagh Avenue Just Minutes From The Southern State Parkway!!! The Building Is Situated Just Off Route 105 In Between The Wantagh Parkway & Route 135!!! Neighbors Include Starbucks, Verizon, USPS, UPS, FedEx, Walmart, Chase Bank, TD Bank, Webster Bank, Citizen's Bank, CVS, 7-Eleven, Dunkin', Shell, Iavarone Brother's, Petco, Aboff's Paints, Chipotle, Smashburger, Taco Bell, Burger King, KFC, +++!!! This Property Has A Daily Traffic Count Of 18,100+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!! Income: 2nd Floor: 400 Sqft.: $10,800 Ann. Lease Exp.: 1/1/24. 200 Sqft.: $7,920 Ann. M-M. 200 Sqft. Office: $16,800 Ann. (Available) 200 Sqft. Office: $16,800 Ann. (Available) 400 Sqft.: $20,400 Ann. (Available) 1st Floor: 2,441 Sqft. Office: $78,741 Ann. (Available) LL Office (2,400 Sqft.): $28,000 Ann. (Available) Pro Forma Gross Income: $179,461 Ann. Expenses: Electric: $763 Ann. (Common Areas Only) Gas: $4,822 Ann. (Common Areas Only) Insurance: $3,223 Ann. Maintenance & Repairs: $250 Ann. Taxes: $46,729 Ann. Total expenses: $55,787 Ann. Net Operating Income (NOI): $123,674 Ann. (Pro Forma 8.53 Cap!!!)

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Commercial Active

Price

$ 1,450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 46,729

Style

Lot Size

0.3

Year Built

1952

Town/City

Wantagh

County/Region

Nassau

MLS | Web ID

3534400

List By
Richard Matt Shane

Listing Agent

All Island Estates Realty Corp

Broker

matthewshane8828@gmail.com

Email

Affordability Calculator

$14,023
Per Month
72%
28%
0%
Monthly Principal & Interest
$10,129
Monthly Property Taxes
$3,894
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$1,450,000 -8.69% Price Down
2/28/2024$1,588,000 Listed Price

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1220 Wantagh Avenue, Wantagh, NY, 11793 is a Commercial Property for sale at $1,450,000 with 12,998 sqft and a lot size of 0.3. 1220 Wantagh Avenue is a studio with 0.0 baths and was built in 1952. The property's zip code is 11793 which is in Wantagh, NY