1442 MIDDLE COUNTRY ROAD - LoopNet · Zach Zimmerman 212.579.7000 x106 [email protected]...
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1442 MIDDLE COUNTRY ROAD Offering Price: $1,600,000 • CAP Rate: 7% CENTEREACH, NY SINGLE STORY COMMERCIAL BUIDLING FOR SALE Property Description Property Information 25 E 21 ST , 9 FL NY , NY 10010 212.579.7000 For mor e infor mation please contact: Jason Richter 212.579.7000 x118 Nicole Liebman 212.579.7000 x117 Josh Fern 212.579.7000 x104 Zach Zimmerman 212.579.7000 x106 [email protected] [email protected] [email protected] [email protected] The subject property is a one-story 5,000 SF building consisting of two occupied retail units and additional development rights, making it ideal for both an income investor as well as a potential developer. Conveniently located on Middle Country Rd, a busy main thoroughfare of Long Island. The site is less than a half-mile from the LIE and four miles from the Smith Haven Town Mall, one of the largest enclosed regional malls on Long Island. The site benefits from over 33,000 CPD passing by, as well as a diverse demographic boasting a median Household Income of $95,000. Real Estate Taxes (16/17): $20,621 Total Buildable (SF): 10,000 Parking Ratio: 4/1,000 SF Zoning: J2 Units: 2 Stories: 1 Building Size (SF): 5,000 Lot Size (SF): 74,000 Building Type: Freestanding Retail
Transcript of 1442 MIDDLE COUNTRY ROAD - LoopNet · Zach Zimmerman 212.579.7000 x106 [email protected]...
1442 MIDDLE COUNTRY ROAD
Offering Price: $1,600,000 • CAP Rate: 7%
CENTEREACH, NYSINGLE STORY COMMERCIAL BUIDLING FOR SALE
Property Description Property Information
25 E 21 ST , 9 FL NY , NY 10010212.579.7000
For mor e infor mation please contact:
Jason Richter212.579.7000 x118
Nicole Liebman212.579.7000 x117
Josh Fern212.579.7000 x104
Zach Zimmerman212.579.7000 x106
[email protected] [email protected]@[email protected]
The subject property is a one-story 5,000 SF building consisting of two occupied retail units and additional development rights, making it ideal for both an income investor as well as a potential developer.
Conveniently located on Middle Country Rd, a busy main thoroughfare of Long Island. The site is less than a half-mile from the LIE and four miles from the Smith Haven Town Mall, one of the largest enclosed regional malls on Long Island. The site benefits from over 33,000 CPD passing by, as well as a diverse demographic boasting a median Household Income of $95,000.
Real Estate Taxes (16/17): $20,621
Total Buildable (SF): 10,000
Parking Ratio: 4/1,000 SF
Zoning: J2
Units: 2
Stories: 1
Building Size (SF): 5,000
Lot Size (SF): 74,000
Building Type: Freestanding Retail
Sq. Ft. Monthly Base Rent Annual Base Rent Step-Up Lease Expiration
5,000 $11,309 $135,708.75 *2 yr. option
$114,108.75$21,600
1442 MIDDLE COUNTRY ROADSINGLE ONE STORY COMMERCIAL BUIDLING FOR SALE
1442 MIDDLE COUNTRY ROADSINGLE ONE STORY COMMERCIAL BUIDLING FOR SALE
CENTEREACH, NY
25 E 21 ST , 9 FL NY , NY 10010212.579.7000
For mor e infor mation please contact:
Jason Richter212.579.7000 x118
Nicole Liebman212.579.7000 x117
Josh Fern212.579.7000 x104
Zach Zimmerman212.579.7000 x106
[email protected] [email protected]@[email protected]
Offering Price: $1,600,000 • CAP Rate: 7%
