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28-40 E Suffolk Ave
Central Islip, NY 11722
Office Property For Sale
Investment Highlights
- This property is located along E Suffolk Ave with visibility along Church St as well.
Executive Summary
Three Story Masonry Building – 8 Stores & 4 Offices.
Tenants pay own electric & fuel; offices pay own electric; tenants do interior repairs.
Tenants pay own electric & fuel; offices pay own electric; tenants do interior repairs.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
17,727 SF
Building Class
C
Year Built
1975
Price
$5,700,000
Price Per SF
$321.54
Cap Rate
7.02%
NOI
$400,043
Percent Leased
72%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,840 SF
Building FAR
0.58
Lot Size
0.70 AC
Zoning
BU1 - Office/Retail/Business
Parking
26 Spaces (1.47 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 0500-098-00-02-00-077-000 | Improvements Assessment | $119,600 |
| Land Assessment | $56,400 | Total Assessment | $176,000 |
Property Taxes
Parcel Number
0500-098-00-02-00-077-000
Land Assessment
$56,400
Improvements Assessment
$119,600
Total Assessment
$176,000
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