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220 Laurel Rd
East Northport, NY 11731
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Upside in Moving Rents to Market Rate
- Recent Cap Ex Done on Retail Building
- Truck Storage for Additional Income
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,400 SF
Building Class
C
Year Built
1980
Price
$1,500,000
Price Per SF
$625
Cap Rate
8.26%
NOI
$123,860
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.35 AC
Zoning
C6 - C6 districts permit a wide range of high-bulk commercial uses requiring a central location. Features an additional 1,500 SF of residential space
Parking
7 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
43’ on Laurel Rd
PROPERTY TAXES
| Parcel Number | 0400-058-00-01-00-057-000 | Improvements Assessment | $2,500 |
| Land Assessment | $2,500 | Total Assessment | $5,000 |
PROPERTY TAXES
Parcel Number
0400-058-00-01-00-057-000
Land Assessment
$2,500
Improvements Assessment
$2,500
Total Assessment
$5,000
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