18-02 Cross Bay Boulevard, Broad Channel, NY 11693

Calling All Investors, Developers & End-Users!!! 18.41 Cap Restaurant / Bar Mixed Use Building On 9,500 Sqft. Lot For Sale!!! The Property Features Great Exposure, Excellent Signage, 18 Parking Spaces, Strong R34 Zoning, Parking Lot, High 10' Ceilings, 4 Br. Apartment, Backyard, Deck, Garage, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Is Located In The Heart Of Broad Channel Minutes From The Cross Bay Bridge & Rockaway Beach!!! Neighbors Include Starbucks, Verizon, Chase Bank, Western Union, Stop & Shop, Dunkin', Mobil, Walgreens, YMCA, Key Food, Popeye's, +++!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Has HUGE Upside Potential!!! This Could Be Your Next Investment Property / Home For Your Business!!!   Income:  Restaurant / Bar: $96,000 Ann. (Available)  4 Br. Apartment: $48,000 Ann. M-M.  Garage: $13,800 Ann. (Available)  Yard: $21,600 Ann. (Available)  Gross Income: $179,400 Ann.  Expenses:  Propane: $0 Ann.  Electric: $0 Ann.  Maintenance & Repairs: $250 Ann.  Water: $0 Ann.   Insurance: $2,600 Ann.   Taxes: $1,635 Ann.  Total Expenses: $4,485 Ann.  Net Operating Income (NOI): $174,915 Ann. (Pro Forma 18.41 Cap!!!)