This Office Property is Off-Market.

2 Lake Street
Monroe, NY 10950 ·

11,608 SF · Office For Sale

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2 Lake Street

Price N/A Property Use Type Investment
Building Size 11,608 SF Cap Rate 3%
Property Type Office Year Built 1894
Property Sub-type Office Building Lot Size 0.09 AC
Listing ID: 16924573 Date Created: 11/20/2010 Last Updated: 08/11/2011

Description

4 Story, 12 unit brick commercial building with elevator. 8 of 12 rentals currently occupied. Current annual rent roll is for 8 rentals. Expenses include taxes, water, sewer, heat & insurance. Estimated net profit is $25,260. Projected net profit with full occupancy $157,800.

High traffice area in downtown Monroe.

Research

2 Lake Street, Monroe, NY 10950 (Orange County)

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