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616 Broadway 2,525 SF 100% Leased Retail Building Amityville, NY 11701 $4,950,000 ($1,960.40/SF) 4.73% Cap Rate
INVESTMENT HIGHLIGHTS
- Bolla Oil lease has over 300 locations
- New ground up construction
EXECUTIVE SUMMARY
Bolla land lease 5% increases every 5 years : Sunoco gasoline with Tim Hortons convenience, store, newly constructed two years ago , 4.725 cap
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Service Station
Building Size
2,525 SF
Building Class
C
Year Built
1975
Price
$4,950,000
Price Per SF
$1,960.40
Cap Rate
4.73%
NOI
$234,135
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.65 AC
Zoning
E
Parking
16 Spaces (6.34 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0100-165-00-01-00-032-000 | Improvements Assessment | $7,620 |
| Land Assessment | $4,710 | Total Assessment | $12,330 |
PROPERTY TAXES
Parcel Number
0100-165-00-01-00-032-000
Land Assessment
$4,710
Improvements Assessment
$7,620
Total Assessment
$12,330
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Presented by
Tjz Realty Inc
616 Broadway
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