Property Listing No Longer Available for Sale

135 Sunrise Highway, Amityville, NY

Multi-Use for Sale - $999,777 - 4,550 Sq. Ft. on 0.11 acres


Property Info

CIMLS#1038682
Location
  135 Sunrise Highway
  Amityville NY 11701
UpdatedMarch 11th, 2020
TypeMulti-Use
Price$999,777
Building4,550 Sq. Ft.
Land0.11 acres

Property Description

Two level commercial property. 100% occupancy. Ground level has a Deli with a five year lease. Spa occupying other storefront has a three year lease. Second floor has three office suites, with common waiting area and common kitchen. Storefronts pay for their own utilities. Great location, right on Sunrise Highway. Recently repaired roof and roof capping. Recently sealed parking lot as of April 2018, with spaces for up to 6 cars.


Financials

Price: $999,777

NOI: $68,579

Cap Rate: 6%

Rent Roll

137 Storefront - $3,176

135 Storefront - $1,525

Suite A - $1,200

Suite B - $1,445

Suite C - $400

Total Annual Rent Roll: $92,952

Expenses

Taxes - $18,558

Insurance - $3,680/year

Water - $890

Landscaping / Maintenance - $1,245/year

2nd Floor Gas - tenant pays

2nd Floor Electric - tenant pays

Total Expenses: $24,373



Similar Listings