Project Description

For Sale: NNN BP Gas Station in Uniondale, NY

1198 Front St, Uniondale, NY 11553

Executive Summary:

Price: $2,699,000
Building Size: 1,651 SF
Property Type: Service Station
Lot Size: 0.34 Acres
Year Built: 1953
Cap Rate: 4.80%
NOI: $129,600
Location:
1198 Front St
Uniondale, NY 11553

Investment Highlights

  • NNN BP Gas Station Located on Corner of Signalized Intersection
  • 10-Year Lease W/ 2% Annual Increases & (2) Five-Year Options
  • Tenant Pays Taxes, Insurance, and C.A.M.
  • Street Traffic Counts of Over 21,300 Vehicles Per Day
  • Features 3 Double Sided Pumps, Double Walled Tanks, & Canopy
  • Surrounded by Local Retail Amenities

About Uniondale, NY

Uniondale is a hamlet and census-designated place located in Nassau County in the Town of Hempstead, Long Island, New York. The hamlet grew after the opening of Mitchell Field, a site now occupied by Hofstra University and Nassau Community College. The former and merged names include Turtle Hook because of the turtles that crawled out of nearby ponds to sun themselves on a bend or hook between the plains and Roosevelt.

The Cradle of Aviation and the Long Island Children’s Museum are nearby attractions. Many shops, services and restaurants are located in Uniondale along Jerusalem and Front Street. The Bogart’s Bar and Grill is recently renovated with a bright neon lit bar, new sound and lighting systems and considered as a hot spot for young individuals.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300
(F) 516.390.5780

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