Great Neck Investment in BUSY location with 7.5% CAP
Lot Size:9,600 Sq.Ft Building Size:16,445 Sq.Ft Zoning:Residence C (R-C) B Square Realty is pleased to offer this extraordinary investment opportunity in Great Neck, NY. The subject property is a 2-stories building situated at the corner between Northern Blvd and Nassau Rd (Border of Little Neck/Great Neck) . The building has 100 feet frontage on Northern Blvd. 1ST FL has 3 Retails, includes a wedding store, a restaurant, and one law office. 2ND FL has a Piano Academy and a web company. This building was fully renovated 10 years ago with new plumbing system and 10 separate meters. The monthly income for the building is $45,000 (tenants are responsible for any tax beyond 100K). Owner is approved for Tax Grievance, the property tax is $130,000.