4535 Austin Blvd, Island Park, NY 11558-2238
This exceptional 4,200 square foot retail property, situated on a corner lot at a traffic light on heavily traveled Austin Boulevard in Island Park, NY, presents a unique investment opportunity. The property boasts exclusive parking for 21 cars, ensuring ample space for customers and employees. Its prime location offers significant visibility and accessibility, benefiting from high traffic volume. The property's classification includes retail, land, and restaurant uses, offering flexibility for a variety of businesses. The single-tenant occupancy provides a straightforward investment structure. Its strategic placement adjacent to a Starbucks further enhances its appeal and potential for success. The property's proximity to Long Beach (less than one mile away) provides access to a larger consumer base. This corner lot presents a rare opportunity to acquire a well-positioned commercial property in a thriving Long Island community. The combination of high visibility, ample parking, and convenient location makes this an attractive proposition for discerning investors seeking a strong return on investment. The property's versatility allows for a range of business applications, making it an ideal choice for entrepreneurs and established businesses alike. The existing infrastructure and high-traffic location minimize the need for extensive renovations or upgrades, allowing for a quick and efficient start to operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.