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6 New York Ave 3,400 SF 100% Leased Retail Building Sound Beach, NY 11789 $899,000 ($264.41/SF) 7% Cap Rate
Executive Summary
Prime 3,400 sq ft mixed-use commercial building on busy New York Avenue in Sound Beach. Features two units, one leased to a yoga studio, the other delivered vacant. Fully owned solar system means zero electric cost. Gas heat and hot water. Mint condition with private 10-car parking lot. Ideal for investor or owner-user. Great exposure and income potential. Perfect opportunity for owner user or Investor. Potential of $6000 per month rental income.
Call/Text Tim to make a deal. 516-476-1972
Call/Text Tim to make a deal. 516-476-1972
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
3,400 SF
Building Class
C
Year Built
1965
Price
$899,000
Price Per SF
$264.41
Cap Rate
7%
NOI
$62,930
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
0.22 AC
Zoning
J-2
Parking
10 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
98’ on New York Ave
Nearby Major Retailers
Property Taxes
| Parcel Number | 0200-051-00-08-00-003-000 | Improvements Assessment | $3,100 |
| Land Assessment | $250 | Total Assessment | $3,350 |
Property Taxes
Parcel Number
0200-051-00-08-00-003-000
Land Assessment
$250
Improvements Assessment
$3,100
Total Assessment
$3,350
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6 New York Ave
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