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646 Medford Ave (Rt 112), NY 2 Retail Properties Offered at $5,300,000 in Patchogue, NY

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INVESTMENT HIGHLIGHTS

  • Two - 1 Story Masonry Buildings with Large Parking Area.
  • On West side of road about 1/4 mile south of Country Rd. 99 / E. Woodside Ave.

EXECUTIVE SUMMARY

Two - 1 Story Masonry Buildings with Large Parking Area.
On West side of road about 1/4 mile south of Country Rd. 99 / E. Woodside Ave.

TAXES & OPERATING EXPENSES (PRO FORMA - 2024)

ANNUAL
Gross Rental Income $446,929
Other Income -
Vacancy Loss -
Effective Gross Income $446,929
Taxes -
Operating Expenses -
Total Expenses $122,085
Net Operating Income $324,844

TAXES & OPERATING EXPENSES (PRO FORMA - 2024)

Gross Rental Income
Annual $446,929
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $446,929
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $122,085
Net Operating Income
Annual $324,844

PROPERTY FACTS

Price $5,300,000
Price / SF $261.01 / SF
Cap Rate 6.13%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 20,306 SF
Total Land Area 1.26 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Suites 1-7
646 Route 112, Patchogue, NY 11772
Retail 11,611 SF 1960 -
Suites 8-10
646 Route 112, Patchogue, NY 11772
Retail 8,695 SF 1960 -
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  • Listing ID: 4962088

  • Date on Market: 1/27/2012

  • Last Updated:

  • Address: 646 Medford Ave (Rt 112), NY, Patchogue, NY

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