2 Freestanding Retail Strips 2 Retail Properties Offered at $1,925,000 in Nesconset, NY
INVESTMENT HIGHLIGHTS
- For Sale: 2 Retail Buildings in Nesconset, NY
- The Property has Approximately 38 On-Site Parking Spaces
- Located Near Other Neighborhood Retail & Amenities
- Located on the Corner of Smithtown Blvd and Lake Ave
- Clean Environmental Report
- Close to the Smithtown Bypass & the Long Island Expy
EXECUTIVE SUMMARY
American Investment Properties is retained to sell the properties located at 409-419 Lake Ave and 211-217 Smithtown Blvd, Nesconset, NY. At these locations are two freestanding retail strip centers that are located on the same parcel of land. There is currently one vacancy available for lease and there are approximately 38 on-site parking spaces. This property is located near several other neighborhood amenities and is located close to the Smithtown Bypass & the Long Island Expy.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,925,000 |
| Price / SF | $146.23 / SF |
| Cap Rate | 5.30% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 13,164 SF |
| Total Land Area | 1.50 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 211-217 Smithtown Blvd, Nesconset, NY 11767 | Retail | 4,043 SF | - | - |
| 409-419 Lake Ave, Nesconset, NY 11767 | Retail | 9,121 SF | 1960 | - |
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