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    OFF-MARKET
    Mixed-use properties

    561 Broadway, Amityville, NY 11701

    0.69 ac lot
    Property ID
    US63-0585241
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Mixed-use properties
    Lot 0.69 ac (30,056 SF)
    UPID US63-0585241
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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