33 Park Pl
Lynbrook, NY 11563

Calling All Investors, Developers & End-Users!!! Approved Buy & Build 6 Condo Project For Sale!!! For Sale!!! The Property Features Great Exposure, Excellent Signage, 200 Amp Power, High 9’ Ceilings, 18 Parking Spaces, Sprinklers, Strong Zoning, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Lynbrook Just Blocks From The Lynbrook LIRR & Sunrise Hwy.!!! Neighbors Include Audi, Mercedes-Benz, Ford, Starbucks, Wyndham Hotels, CubeSmart Self Storage, 7-Eleven, Dunkin, Mavis Discount Tire, Enterprise-Rent-A-Car, Mattress Firm, Taco Bell, KFC, +++!!! This Property Has HUGE Upside Potential!!! This Could Be Your Next  Development Site / Home For Your Business!!!

Income:

33A (2 Br., 2 Bath): $43,200 Ann. (Available) 

33B (2 Br., 2 Bath): $43,200 Ann. (Available) 

33C (2 Br., 2 Bath): $43,200 Ann. (Available) 

33D (2 Br., 2 Bath): $43,200 Ann. (Available) 

33E (2 Br., 2 Bath): $43,200 Ann. (Available)

33F (2 Br., 2 Bath): $43,200 Ann. (Available)

Pro Forma Gross Income: $259,200 Ann. 

Expenses:

Maintenance & Repairs: $250 Ann. 

Insurance: $2,813 Ann.

Taxes: $13,584.83 Ann.

Total Expenses: $16,647.83 Ann.  

Net Operating Income (NOI): $242,553 Ann. (Pro Forma 18.67 Cap!!!)