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646 Medford Ave (Rt 112), NY 2 Retail Properties Offered at $5,300,000 in Patchogue, NY
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.
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 | Number of Properties | 2 |
| Price / SF | $261.01 / SF | Individually For Sale | 0 |
| Cap Rate | 6.13% | Total Building Size | 20,306 SF |
| Sale Type | Investment | Total Land Area | 1.26 AC |
| Status | Active |
| 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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646 Medford Ave (Rt 112), NY
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