Industrial Building / Auto Repair Shop 1400 Middle Country Rd 3,444 SF Industrial Building Centereach, NY 11720 $950,000 ($275.84/SF) 4.93% Cap Rate





INVESTMENT HIGHLIGHTS
- 158' Frontage - Heavy vehicular traffic at all times along Middle Country Road
- Select Fixtures/Equipment included upon request
- Large lot over half acre
EXECUTIVE SUMMARY
Prime Middle Country Road Location with 158' Frontage. Existing Auto/Transmission Repair Shop. Available for Sale or Lease. Delivered Vacant. Some Fixtures/Equipment Can Be Included Upon Request. Plot Size 24,394 SF / .56 Acres. Contact Kevin Hill or Nicholas Campasano for More Info.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL | ANNUAL PER SF |
---|---|---|
Gross Rental Income |
$75,768
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$22.00
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Other Income |
-
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-
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Vacancy Loss |
$3,485
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$1.01
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Effective Gross Income |
$72,283
![]() |
$20.99
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Taxes |
$20,666
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$6.00
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Operating Expenses |
$4,813
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$1.40
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Total Expenses |
$25,479
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$7.40
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Net Operating Income |
$46,804
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$13.59
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PROPERTY FACTS Under Contract
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating
1 of 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 0200-489-00-03-00-027-000 | Total Assessment | $4,200 (2023) |
Land Assessment | $1,800 (2023) | Annual Taxes | $20,666 ($6.00/SF) |
Improvements Assessment | $2,400 (2023) | Tax Year | 2024 |