For Sale
$645,000

621 Broadway Amityville, NY 11701

High-yield, E-zoned commercial property.

Overview

Added:
Feb 3
Days on market:
79
This 1,843 square foot commercial property located at 621 Broadway, Amityville, NY, presents a compelling investment opportunity. Currently leased to Halo Network, the property is zoned E Business and offers a strong, stable income stream. The existing lease agreement runs until July 31, 2025, providing immediate cash flow for the investor. The current monthly rent is $4,500 until July 31, 2023, increasing to $4,590 per month ($55,080 annually) from August 1, 2023, through the lease expiration. This translates to a net annual income of $36,000. The building is 100% occupied, minimizing vacancy risk. The property's size is ideal for a variety of commercial uses, given its E-zone designation. The building itself comprises 1,843 square feet, with approximately 5% dedicated to office space. This property is being offered for sale at $645,000 and represents a solid investment prospect with a predictable return. Serious inquiries only.

Property Details for 621 Broadway

Property type
Commercial real estate
Square Feet
1,843 SF
Year Built
1958

Location Insight

City
Amityville
County
Suffolk County
State
New York
Latitude
40.69613
Longitude
-73.42406

FAQs

What type of property is this?
Commercial real estate - High-yield, E-zoned commercial property.
Where is the commercial real estate located?
The property is located at 621 Broadway Amityville, NY.
What is the asking price?
The asking price for this property is $645,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
621 Broadway
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message