628 Shore Road, Lindenhurst, NY 11757

$1,389,000

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List Price
$1,389,000
Days on Market
163
MLS#
961789
Status
ACTIVE
Property Tax
$4,758
School District
Lindenhurst
High School
Lindenhurst Senior High School
Jr. High
Lindenhurst Middle School
Elementary School
Daniel Street School

Property Description

Rare opportunity to acquire a 1/2 acre assemblage, Two parcels being sold together. ( 620 & 628 Shore Rd ). 628 Shore Rd is vacant land and 620 Shore Rd is currently improved with income-producing mechanic shop / warehouse with tenant paying $8,000/Month. The Village has indicated support for a minimum of 8 senior housing units 2 Bedrooms 1.5 Baths approximately 1,500 SF each. The elevated construction concept strategy already contemplated ( piles/helicals with under-unit car ports, post sandy coastal style construction. With $8,000/Month cash flow from existing mechanic/ warehouse tenant gives a developer ability to collect income while advancing approvals and environmental due diligence are completed.

Additional Information

Acres
0.24
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joseph T. Zegarelli (zeggyjoey@aol.com) from Listing Office: Birch Hill Realty Consultants.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.