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248-01-248-27 Union Tpke 24,740 SF 100% Leased Retail Building Bellerose, NY 11426 $14,100,000 ($569.93/SF) 5.49% Cap Rate
EXECUTIVE SUMMARY
1 Story Brick Building - 14 Stores.
Tenants pay own electric, fuel, and water.
95.7 occupied.
Tenants pay own electric, fuel, and water.
95.7 occupied.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
24,740 SF
Building Class
C
Year Built
1948
Price
$14,100,000
Price Per SF
$569.93
Cap Rate
5.49%
NOI
$774,511
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.98 AC
Zoning
R3-2 - Low density residential district
Parking
40 Spaces (1.8 Spaces per 1,000 SF Leased)
Frontage
311’ on Union Tpke
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08496-0055 | Improvements Assessment | $1,842,300 |
| Land Assessment | $616,950 | Total Assessment | $2,459,250 |
PROPERTY TAXES
Parcel Number
08496-0055
Land Assessment
$616,950
Improvements Assessment
$1,842,300
Total Assessment
$2,459,250
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248-01-248-27 Union Tpke
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