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241 Rushmore Ave 5,690 SF 100% Leased Office Building Carle Place, NY 11514 $1,500,000 ($263.62/SF) 6.20% Cap Rate



Investment Highlights
- Heavy Traffic Corner
- New roof and HVAC
- Free Municipal Parking one block away
Executive Summary
Prime Investment opportunity in excellent location.
Renovated 2 story corner office building.
100% leased with good cap rate and room for value add.
Full basement.
New roof & HVAC system.
Great street parking plus free municipal parking just two blocks away.
Renovated 2 story corner office building.
100% leased with good cap rate and room for value add.
Full basement.
New roof & HVAC system.
Great street parking plus free municipal parking just two blocks away.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,690 SF
Building Class
C
Year Built/Renovated
1950/1997
Price
$1,500,000
Price Per SF
$263.62
Cap Rate
6.20%
NOI
$93,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,845 SF
Slab To Slab
11’
Building FAR
1.14
Lot Size
0.12 AC
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2289-10-018-00-0007-0 | Improvements Assessment | $2,239 |
| Land Assessment | $1,400 | Total Assessment | $3,639 |
Property Taxes
Parcel Number
2289-10-018-00-0007-0
Land Assessment
$1,400
Improvements Assessment
$2,239
Total Assessment
$3,639
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241 Rushmore Ave
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