496 Jerusalem AveUniondale, NY 11553

Property Details for 496 Jerusalem Ave

Year built

1963

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.11 AC

Property size (Sq ft)

1,875 SF

Property type

Retail space

APN

36-123-00-0162

APU

36123000162

Description

This exceptional investment opportunity presents a prime commercial office building located at 496 Jerusalem Avenue in Uniondale, New York, 11553. The property boasts a highly desirable corner location, ensuring maximum visibility and accessibility for potential tenants. The building offers ample parking with 10 spaces available, a significant advantage in a competitive market. While the exact square footage is currently unavailable, the asking price is $1,500,000. This presents a strong return potential for investors seeking a well-situated commercial property in a thriving area. The property's prominent location on Jerusalem Avenue in Uniondale offers easy access to major transportation routes and a diverse range of local amenities. Further details regarding the building's interior layout and specifications are available upon request. This is an excellent chance to acquire a valuable asset in a strategic location with significant growth potential. Serious inquiries are encouraged to explore this lucrative investment opportunity. Contact the listing agent for further information and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $455,690

  6.5%

  $420,637

  7%

  $390,592

• Comparable approach

  Method

  Valuation

  Relative Method

  $617,368

  Geo Method

  $617,368

• Alternative Use

  Use

  Valuation

  Residential

  $354,823

  Hospitality

  $325,016

  Educational

  $270,410

  Medical

  $279,710

  Retail

  $420,637

Location Insight

City

Uniondale

County

Nassau

State

New York

Latitude

40.7012

Longitude

-73.5984

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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