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623-629 E Main St 5,026 SF 100% Leased Retail Building Kings Park, NY 11754 $2,950,000 ($586.95/SF) 5.54% Cap Rate
Investment Highlights
- Tenants in the building include a pizzeria, dry cleaner, deli, and convenience store/smoke shop.
Executive Summary
This is a four tenant commercial building that is fully leased.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,026 SF
Building Class
C
Year Built
1960
Price
$2,950,000
Price Per SF
$586.95
Cap Rate
5.54%
NOI
$163,483
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.94 AC
Zoning
B - Business District
Parking
27 Spaces (5.37 Spaces per 1,000 SF Leased)
Frontage
Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0800-031-00-03-00-045-000 | Improvements Assessment | $11,170 (2025) |
| Land Assessment | $1,100 (2025) | Total Assessment | $12,270 (2025) |
Property Taxes
Parcel Number
0800-031-00-03-00-045-000
Land Assessment
$1,100 (2025)
Improvements Assessment
$11,170 (2025)
Total Assessment
$12,270 (2025)
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