Log In/Sign Up
Your email has been sent.
1699 Middle Country Rd 4,051 SF 100% Leased Retail Building Ridge, NY 11961 $1,600,000 ($394.96/SF) 5.93% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic on main road of town.
- Small busy shopping center with plenty of parking.
EXECUTIVE SUMMARY
Small Shopping Center on busy main road of town.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$148,227
|
$36.59
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$148,227
|
$36.59
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$53,414
|
$13.19
|
| Net Operating Income |
$94,813
|
$23.40
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $148,227 |
| Annual Per SF | $36.59 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $148,227 |
| Annual Per SF | $36.59 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $53,414 |
| Annual Per SF | $13.19 |
| Net Operating Income | |
|---|---|
| Annual | $94,813 |
| Annual Per SF | $23.40 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
4,051 SF
Building Class
C
Year Built
1980
Price
$1,600,000
Price Per SF
$394.96
Cap Rate
5.93%
NOI
$94,813
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.58 AC
Parking
40 Spaces (8.3 Spaces per 1,000 SF Leased)
Frontage
105’ on Middle Country Rd
AMENITIES
- Pylon Sign
ABOUT 1699 MIDDLE COUNTRY RD , RIDGE, NY 11961
Small Shopping Center on busy main road of town. One Story Masonry Building - 4 Stores
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- I Go Burger
- -
- 1,259 SF
- -
- -
- Long Island Luau Catering
- -
- 798 SF
- -
- -
- Ping Bai Nail Salon
- -
- 1,066 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| I Go Burger | - | 1,259 SF | - | - | ||
| Long Island Luau Catering | - | 798 SF | - | - | ||
| Ping Bai Nail Salon | - | 1,066 SF | - | - |
PROPERTY TAXES
| Parcel Number | 0200-351-00-01-00-002-000 | Improvements Assessment | $4,400 (2024) |
| Land Assessment | $800 (2024) | Total Assessment | $5,200 (2024) |
PROPERTY TAXES
Parcel Number
0200-351-00-01-00-002-000
Land Assessment
$800 (2024)
Improvements Assessment
$4,400 (2024)
Total Assessment
$5,200 (2024)
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1699 Middle Country Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.