4435 Austin Boulevard
Island Park, NY, 11558 $ 1,950,000
Bedrooms-- Baths-- Sq 6,686 Monthly Estimate*
$ 12,165
for $1,950,000. This 6,686 square foot building was built in 1947 on a lot size of 0.4224.
Calling All Investors, Developers & End-Users!!! 7,700+ Sqft. 4 Unit Free Standing Building On A 18,875 Sqft. Lot For Sale In Island Park!!! The Property Features Excellent Signage, Great Exposure, High 14’ Ceilings, 32 Parking Spaces In A Private Gated Parking Lot, Office Building Zoning, 3 Phase Power, Conference Room, Private Offices, 2 Apartments, Strategically Placed Curb Cuts, Accessible Parking, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Island Park On Busy Austin Blvd. Just Blocks From The Long Beach Bridge!!! The Property Has 205’ Of Frontage On Busy Austin Blvd. + 204’ Of Frontage On Broadway!!! This Section Of Austin Blvd. Has A Daily Traffic Count Of 40,200+ Vehicles Per Day!!! Neighbors Include Costco, Stop & Shop, Public Storage, Costello’s Ace Hardware, King Kullen, Dunkin’, Wendy’s, McDonald’s, Trader Joe’s, +++!!! This Property Offers HUGE UPSIDE Potential!!! This is Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: Apt. 1 (1 Br.): $31,200 Ann. M-M. Apt. 2 (1 Br.): $31,200 Ann. M-M. 4,500 Sqft. Office + 800 Sqft. Warehouse: $120,000 Ann. NNN. Lease Exp.: 6/15/26. Gross Income: $182,400 Ann. Expenses: Gas: $2,000 Ann. (Apartments Only) Electric: $0 Ann. Insurance: $3,253 Ann. Maintenance & Repairs: $250 Ann. Water: $0 Ann. Taxes: $38,695.30 Ann. Total Expenses: $44,198.30 Ann. Net Operating Income (NOI): $138,201.70 Ann. (7.09% Cap!!!)
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected
Construction Materials Block
Year Built 1947
Property Subtype Other
Tax Year 2025
Parcel Number 2089-43-059-00-0004-0
Business Type Commercial
County Nassau County
Property Type Commercial Sale
City Hempstead
Property Attached Y/N N
Tax Annual Amount 38695.3
Showing Instructions Call Office @ 516-783-5600
Building Area Units Square Feet
Standard Status Pending
Cap Rate 709
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ExteriorWater Source Public
Building Area Total 6686
Waterfront Y/N N
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* Excluded FeaturesList ByRichard Matt ShaneListing Agent
All Island Estates Realty CorpBroker
Affordability Calculator
- Monthly Principal & Interest
- $12,165
- Monthly Property Taxes
- $3,225
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyCommerical listings in Island Park, NY
Average List Price $1,000,000
Percent of Sale Price 49%
About Island Park, NY 8,386 Population
-2% Since 2002
$ 89,915 Median Income
46.08 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/4/2025 | $1,950,000 | | Listed Price |