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691-717 Route 112 (Two Buildings) 2 Retail Properties Offered at $8,250,000 in Patchogue, NY
INVESTMENT HIGHLIGHTS
- Two One-Story Masonry Buildings - 17 Stores.
- South of County Rd. 99 / E. Woodside Ave.
- Parking for 120 Cars.
EXECUTIVE SUMMARY
Two One-Story Masonry Buildings - 17 Stores.
Parking for 120 Cars.
South of County Rd. 99 / E. Woodside Ave.
Parking for 120 Cars.
South of County Rd. 99 / E. Woodside Ave.
TAXES & OPERATING EXPENSES (PRO FORMA - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
$709,382
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$709,382
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$191,778
|
| Net Operating Income |
$517,604
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $709,382 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $709,382 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $191,778 |
| Net Operating Income | |
|---|---|
| Annual | $517,604 |
PROPERTY FACTS
| Price | $8,250,000 | Number of Properties | 2 |
| Price / SF | $377.57 / SF | Individually For Sale | 0 |
| Cap Rate | 6.27% | Total Building Size | 21,850 SF |
| Sale Type | Investment | Total Land Area | 2.41 AC |
| Status | Active |
| Price | $8,250,000 |
| Price / SF | $377.57 / SF |
| Cap Rate | 6.27% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 21,850 SF |
| Total Land Area | 2.41 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 691-707 Medford Ave, Patchogue, NY 11772 | Retail | 14,780 SF | 1960 | - |
| 709-717 Medford Ave, Patchogue, NY 11772 | Retail | 7,070 SF | 1960 | - |
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691-717 Route 112 (Two Buildings)
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