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6391 Route 305 1,200 SF Specialty Building Offered at $89,900 at a 9.27% Cap Rate in Black Creek, NY 14714

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EXECUTIVE SUMMARY

Prime invesrment opportunity. USPS brick building. Long term secure lease. This Post office has an efficency aprtment attached that is currently rented by a long term tenant.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $15,384 $12.82
Other Income - -
Vacancy Loss - -
Effective Gross Income $15,384 $12.82
Taxes $1,800 $1.50
Operating Expenses $5,247 $4.37
Total Expenses $7,047 $5.87
Net Operating Income $8,337 $6.95

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $15,384
Annual Per SF $12.82
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $15,384
Annual Per SF $12.82
Taxes
Annual $1,800
Annual Per SF $1.50
Operating Expenses
Annual $5,247
Annual Per SF $4.37
Total Expenses
Annual $7,047
Annual Per SF $5.87
Net Operating Income
Annual $8,337
Annual Per SF $6.95

PROPERTY FACTS

Price $89,900
Price Per SF $74.92
Sale Type Investment
Cap Rate 9.27%
Sale Condition 1031 Exchange
Property Type Specialty
Property Subtype Post Office
Building Class C
Lot Size 0.12 AC
Building Size 1,200 SF
No. Stories 1
Year Built 1967
Zoning C - Com-1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
026200-141-011-0001-051-000-0000
Land Assessment
$1,100
Improvements Assessment
$36,000
Total Assessment
$37,100
Annual Taxes
$1,800 ($1.50/SF)
Tax Year
2024
  • Listing ID: 38506507

  • Date on Market: 11/19/2025

  • Last Updated:

  • Address: 6391 Route 305, Black Creek, NY 14714

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