Property Listing No Longer Available for Sale

1 WATERVIEW RD, Island Park, NY

Industrial for Sale - $975,000 - 0.15 acres


Property Info

CIMLS#1044069
Location
  1 WATERVIEW RD
  Island Park NY 11558
UpdatedApril 24th, 2019
TypeIndustrial
Price$975,000
Land0.15 acres

Property Description

Large gravel parking Lot with existing 2 story storage building. Lot currently can hold approximately 16 parking spots with current 2 story garage building. Prime 60x100 or 6,000sqft flat lot . This unique property has water views and is located directly across from a redevelopment site. Currently under construction, The Channel Club which includes 86 units of 1 - 2 bdrm apartments. Situated next to the Yacht Cllub Minutes from the LIRR, Long Beach Boardwalk and Atlantic Ocean Beaches. Walking distance to the King Kullen Shopping Center which includes great restaurant options. Owner willing to hold a note. Special Use for storage or parking lot.. Currently zoned Industrial.Zoned Industrial, this property can offer much needed Parking and Storage . A rare opportunity in a heavily populated area with minimal parking or storage . The property is ideally located across from a development site opening Spring 2019 The Channel Club, a Luxury 86 apartment complex , The Yacht Club and a Residential Community. Also, next to the famous Jordan Lobster Farm, The Loft Catering and Yacht Club venues which require a large amount of parking for each event. 1 Waterview Rd., Island Park NY., 11558 *Lot Size 60X100 (6,000sqft) Flat Lot *Sec #43, Blk#401, Lot #9 *Zoned Industrial *Parking Lot of approximately 20 vehicles or maximize usage with a multi level parking lot. Allowed use with special permit and or variance depending on the size of the structure. *Storage Facility multi level 3, 4 or possibly 5 levels allowed use with special permit and or variance depending on the size of the structure. *No height requirement however, the structure must meet the FAR (Floor Area Ratio) and be no more than 40% in size of the entire property unless a variance is obtained * Example: A Storage building of 14,400sqft, 4 stories (40ft height) would require 4 parking spaces and be total of 2.4 FAR with the required set backs in place *Parking requirement is 1 spot per 4,000sqft of building size. *Current taxes approximately $12,900 *Flood Zone AE10 - Town requires building structure to be 10ft from grade plus FEMA and additional 2ft


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