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402 Main St 3,129 SF 100% Leased Retail Building Port Jefferson, NY 11777 $1,000,000 ($319.59/SF) 5.34% Cap Rate
INVESTMENT HIGHLIGHTS
- Retail & Apartment Building
- Consists of 2 Apartment Units on the Second Floor
- Property Has On-Site Parking Behind Building
- Consists of 1 Retail Unit on the Ground Floor
- Tenants are Individually Metered for Utilities
- Walking Distance to the Harbor Square Mall & Port Jefferson Ferry
EXECUTIVE SUMMARY
American Investment Properties is retained to sell the property located at 402 Main St, Port Jefferson, NY. At this location is a mixed-use building consisting of 1 commercial space and 2 multi-family units.
The tenants are individually metered for utilities and there is some on-site parking spaces behind the building.
The tenants are individually metered for utilities and there is some on-site parking spaces behind the building.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,129 SF
Building Class
C
Year Built
1970
Price
$1,000,000
Price Per SF
$319.59
Cap Rate
5.34%
NOI
$53,435
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.60
Lot Size
0.12 AC
Zoning
Commerical
Parking
3 Spaces (0.96 Spaces per 1,000 SF Leased)
Frontage
26’ on Main St
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
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402 Main St
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