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    Property profile & analytics
    OFF-MARKET Estimated value $775,000
    Commercial land

    4535 Austin Blvd, Island Park, NY 11558-2238

    4,800 SF 0.41 ac lot Built 1956
    Entity Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US63-1469448
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1956
    Total area 4,800 SF
    Lot 0.41 ac (17,820 SF)
    APN 43-105-00-0033
    UPID US63-1469448
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $775k
    CAP Approach CAP
    $1.02M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $775k
    Owner & transaction history
    Austin Tic LLC · 1 yrs held
    Austin Tic LLC
    since 2024
    Last sale
    $775,000
    1 recorded transaction
    2024
    $775,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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