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501 William Floyd Pky
Shirley, NY 11967
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Calling All Investors, Developers & End-Users!!! Free Standing Building With A1 Zoning On A Huge 30,300+ Sqft. Lot On William Floyd Pkwy. For Sale!!!
- The Property Is Located In The Heart Of Shirley On Busy William Floyd Pkwy. Just Minutes From Sunrise Hwy.!!!
- This Property Offers HUGE Upside Potential!!!
- The Property Features Excellent Signage, Great Exposure, 26 Parking Spaces, High 10’ Ceilings, A1 Zoning, J Business District, Kitchen, Sprinklers, +!
- Neighbors Include Starbucks, The Home Depot, USPS, UPS, Stop & Shop, Ulta Beauty, Kohl’s, Marshalls, Dunkin’, Kay Jewelers, CVS, McDonald’s, +++!!!
- This Could Be Your Next Development Site Or The Next Home For Your Business!!!
EXECUTIVE SUMMARY
Calling All Investors, Developers & End-Users!!! Free Standing Building With A1 Zoning On A Huge 30,300+ Sqft. Lot On William Floyd Pkwy. For Sale!!! The Property Features Excellent Signage, Great Exposure, 26 Parking Spaces, High 10’ Ceilings, A1 Zoning, J Business District, Kitchen, Sprinklers, Skylights, Ramp, Conference Room, Multiple Offices, Accessible Parking, 200 Amp Power, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Shirley On Busy William Floyd Pkwy. Just Minutes From Sunrise Hwy.!!! Neighbors Include Starbucks, The Home Depot, USPS, UPS, Stop & Shop, Ulta Beauty, Kohl’s, Marshalls, Dunkin’, Kay Jewelers, CVS, McDonald’s, King Kullen, McDonald’s, Taco Bell, Wendy’s, Sonic, Enterprise Rent-A-Car, Aldi, Lidl, Dollar Tree, STS Tire, Jersey Mike’s Subs, Carvel, KFC, +++!!! The Property Has 151’ Of Frontage On William Floyd Parkway!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
County Office (1,700 Sqft.): $42,000 Ann.; Lease Exp.: 9/1/26.
Taxi Co. (800 Sqft. LL): $18,000 Ann.; 3% Ann. Inc.; Lease Exp.: 12/1/30.
Finished LL (2,200 Sqft.): $36,000 Ann. (Available)
1st Floor (900 Sqft.): $24,000 Ann. (Available)
1st Floor (1,110 Sqft.) $28,800 Ann. (Available)
Pro Forma Gross Income: $148,800 Ann.
Expenses:
Oil: $2,350 Ann.
Electric: $2,139 Ann.
Water: $178 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,862 Ann.
Taxes: $15,037 Ann.
Total Expenses: $23,816 Ann.
Pro Forma Net Operating Income (NOI): $124,984 Ann. (11.36% Cap!!!)
Income:
County Office (1,700 Sqft.): $42,000 Ann.; Lease Exp.: 9/1/26.
Taxi Co. (800 Sqft. LL): $18,000 Ann.; 3% Ann. Inc.; Lease Exp.: 12/1/30.
Finished LL (2,200 Sqft.): $36,000 Ann. (Available)
1st Floor (900 Sqft.): $24,000 Ann. (Available)
1st Floor (1,110 Sqft.) $28,800 Ann. (Available)
Pro Forma Gross Income: $148,800 Ann.
Expenses:
Oil: $2,350 Ann.
Electric: $2,139 Ann.
Water: $178 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $3,862 Ann.
Taxes: $15,037 Ann.
Total Expenses: $23,816 Ann.
Pro Forma Net Operating Income (NOI): $124,984 Ann. (11.36% Cap!!!)
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
6,078 SF
Building Class
B
Year Built
1990
Price
$1,100,000
Price Per SF
$180.98
Cap Rate
11.36%
NOI
$124,984
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,078 SF
Slab To Slab
10’
Building FAR
0.19
Lot Size
0.75 AC
Zoning
A1 - J Business District
This area permits art galleries, studios, community centers, offices and/or retail.
Parking
26 Spaces (4.28 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Fenced Lot
- Security System
- Signage
- Skylights
- Wheelchair Accessible
- Storage Space
- Air Conditioning
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