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1386 Wantagh Avenue

Wantagh, NY 11793
  • $2,650,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 3401867
UPDATED: 4 min ago
$2,650,000
  • 0
    BEDS
  • 0.31
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1952
County:
Area:

School Ratings & Info

Description

Wantagh is a modern Repair Shop and Used Car Lot on a prime well-traveled road at a lighted intersection on Wantagh Avenue off of Beltagh Avenue. Includes NYS Inspection License, and all shop tools and equipment (list attached below). Repair Shop does approximately $85,000 to $90,000 per month gross (2021 - $1,017,285 annually), with repair shop completely closes down 2 weeks per year and only open from 8 am to 5 pm, 5 days per week, you can increase sale by opening on the weekends and extending hours-repair Shop currently operating with 3 full-time mechanics plus the owner. Used cars lot sell between 75 to 100 cars per year at an average profit of approximately $2,000 per car. The building was a complete raze & rebuild in 2014, with radiant heat in the shop, central air in the sales/office area, and parking for up to 35 cars. The seller is willing to stay on board to introduce the new owners to his customers.

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© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2022-07-04T18:16:02.367.
www.padernachtrealestate.com/homes/129016415
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1386 Wantagh Avenue Wantagh, NY 11793

  • Price: $2,650,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 4 min ago
  • MLS #: 3401867
0
Beds
0
Baths
0
½ Baths
0.31
Acres
1952
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
Property Description
Wantagh is a modern Repair Shop and Used Car Lot on a prime well-traveled road at a lighted intersection on Wantagh Avenue off of Beltagh Avenue. Includes NYS Inspection License, and all shop tools and equipment (list attached below). Repair Shop does approximately $85,000 to $90,000 per month gross (2021 - $1,017,285 annually), with repair shop completely closes down 2 weeks per year and only open from 8 am to 5 pm, 5 days per week, you can increase sale by opening on the weekends and extending hours-repair Shop currently operating with 3 full-time mechanics plus the owner. Used cars lot sell between 75 to 100 cars per year at an average profit of approximately $2,000 per car. The building was a complete raze & rebuild in 2014, with radiant heat in the shop, central air in the sales/office area, and parking for up to 35 cars. The seller is willing to stay on board to introduce the new owners to his customers.
Exterior Features

Building Size 45X60 Lot Size Dimensions 99X110

Property Features

Business Type Other Property Sub Type Mixed Use Property Type Commercial Sale Tax Annual Amount 35349.00 Tax Block H Zoning Description B District

Listing courtesy of Tulay Pitsikoulis of Elite Synergy Realty Inc.
© 2022 OneKey MLS. All rights reserved.


© 2022 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2022-07-04T18:16:02.367.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469