For Sale: Auto Shop Building in Floral Park, NY

100 Cherry Lane, New Hyde Park, New York 11001

Executive Summary:

Price:	$699,000
Building Size:	1,960 SF
Property Type:	Auto Repair
Lot Size:	0.14 Acres
Year Built:	1959
Price PSF:	$356.63
NOI:	N/A
Location:	100 Cherry Lane New Hyde Park, NY 11001

Property Highlights

Auto Body Shop in New Hyde Park
Tenant Pays $32,400 in Annual Rent
Tenant Lease Expires in 2025
Tenant Pays Electric & Water Expenses
Has 1 Drive-In Door
Close to Major Roads and Highways

Property Overview

American Investment Properties is exclusively retained to sell the property located at 100 Cherry Ln, Floral Park NY. At this location is an auto body shop that has a lease expiring in 2025. The tenant pays $32,400 in annual rent and also pays for the electric and water expenses.

This property is located in close proximity to other retail and industrial spaces and it provides on-site parking.

About New Hyde Park

New Hyde Park is a village located in Nassau County, Long Island, New York. It is within both the Town of Hempstead and the Town of North Hempstead. New Hyde Park is bordered by Floral Park on the west, Garden City on the east, Stewart Manor to the south, and North New Hyde Park to the north.

Several recreational parks and commercial landmarks are within the area such as Memorial and Nuzzi Fields and New Hyde Park Inn. The hotel offers comfortable hotel accommodation and a great place to hold parties or events.

The local Chamber of Commerce has been a significant factor in maintaining what has become a healthy business economy in the New Hyde Park area.