271 Larkfield Rd | East Northport, NY 11731
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- LoopNet Team
271 Larkfield Rd
East Northport, NY 11731
Chase Bank · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment Grade Credit Tenant – JP Morgan Chase, (NYSE: JPM), holds an S&P (A+), is currently the number 1 largest financial institution in the U.S.
- Excellent Branch Deposits – The FDIC reported that this location holds $289,798,000 in branch deposits for 2022; ranking 2nd in the Zip Code.
- Dense Demographics – Located in a dense infill market, there are over 173,333 people within a 5-mile radius of the property.
- Absolute NNN Lease – There are 7.5 years remaining on an Absolute NNN lease with zero landlord responsibilities.
- High Income Region – Within 3-miles of the property, the average household income is $171,643; a prime market for bank tenants.
- Large Lot Size - The property benefits from a large lot size of an acre; ideal for expansion or re-development.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
4,770 SF
Building Class
C
Year Built
1950
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
C6
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0400-119-00-02-00-065-000 | Improvements Assessment | $5,600 |
| Land Assessment | $2,900 | Total Assessment | $8,500 |
PROPERTY TAXES
Parcel Number
0400-119-00-02-00-065-000
Land Assessment
$2,900
Improvements Assessment
$5,600
Total Assessment
$8,500
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