561 Broadway, Amityville, NY 11701
This exceptional mixed-use property, located at 561 Broadway in Amityville, NY, presents a unique investment opportunity. Situated on a 0.69-acre corner lot, this site benefits from a daily traffic count of 47,600 vehicles, enhanced by a convenient traffic light. The property is zoned E Business by the Town of Babylon, allowing for a wide range of commercial uses. Permitted uses include, but are not limited to, office space, retail establishments, restaurants, automotive businesses, and medical facilities. This flexibility makes it ideal for a variety of entrepreneurial ventures or established businesses seeking expansion. The site has undergone thorough preparation, with soil sample testing and soil borings already completed, streamlining the development process for future projects. The asking price is $925,000. This prime location and versatile zoning make this property a compelling investment prospect with significant potential for growth and return. The high traffic volume ensures excellent visibility and accessibility for any business operating from this location. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.