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56-66 Echo Ave
Miller Place, NY 11764
Retail Property For Sale

Investment Highlights

  • This shopping center has a variety of tenants including a pizzeria, pharmacy, music store, and dry cleaner.

Executive Summary

One story building with 7 units and one stand alone building with one unit. Only one vacancy.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
11,440 SF
Building Class
C
Year Built
1980
Price
$5,950,000
Price Per SF
$520.10
Cap Rate
5.91%
NOI
$351,901
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.27 AC
Zoning
BD - Business District
Parking
59 Spaces (6.21 Spaces per 1,000 SF Leased)
Frontage
300’ on Echo Ave

Amenities

  • Signage
  • Drive Thru
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0200-096-00-07-00-005-001
  • 0200-096-00-07-00-005-002
Land Assessment
$4,000
Improvements Assessment
$9,140
Total Assessment
$13,140
  • Listing ID: 26287671

  • Date on Market: 7/29/2022

  • Last Updated:

  • Address: 56-66 Echo Ave, Miller Place, NY 11764

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