77 E Main St
Bay Shore, NY 11706
AUCTION: 2/13 - CITIBANK CORNER DOWNTOWN BLDG · Office Property For Sale

Immediate Sale Directed via Public Auction 7,500+ Sq Ft Corner Citibank Building – Grand Architecture Prime Downtown Location – On-Site Parking – .43 Acre Lot Details: 77 East Main Street, Bay Shore, NY 11706 Located on the Corner of East Main Street and Bay Shore Avenue Prime Location in Booming Downtown Neighborhood One of Long Island’s Busiest Citibank Locations (Bay Shore’s Busiest) with Deposits of $360,000,000 Lot Size: .43 Acre Large Parking Lot and Drive-Through Service Window Citibank Occupies Majority of Building Citibank Lease: 5,178 Sq Ft (2,762 Sq Ft of Retail, 1,516 Sq Ft of Mezzanine & 900 Sq Ft of Office) Current Annual Base Rent: $119,496.96 15 Year Initial Term (6/2007 – 6/2022) 3 Ten Year Lease Extensions Annual CPI Escalations (3% Cap) Tenant Responsible for Proportionate Share of Expenses (72.91%) Top Floor Tenant: 2,500 Sq Ft Leased at $1,154.73/Month Through 12/2019 Market Value as Assessed: $2,065,198 $1,250,000 Opening Bid ----- PARTIAL AUCTION LIST BELOW (Visit Web for Most Current List) 2/13: Freeport: Turn-Key Marina Massapequa Park: NNN Leased Citibank Bay Shore: Citibank Corner Downtown Building Brooklyn: 7 Unit Multifamily Building 3/6: 11 Rolex, Audemars Piguet & Chopard Watches + High-End Jewelry Elmont, NY: Single Family Home 3/11: Roslyn Heights: Turn-Key Restaurant (Long-Term Lease) 3/14: Coney Island, Bklyn: 2 BR Oceanview Co-Op Valley Stream: Prime Corner Block-Through Comm’l Redevelopment Site Somerset, NJ: 3 Building Lots Saugerties: 3 Development Sites SEEKING OFFERS: -Tribeca, NYC: 3,200+ Sq Ft Luxury Waterview Condo -East Hampton: 5 BR Home with Pool – Near Water -South Palm Beach: 1 BR Co-Op – Waterfront Community TBA: -Staten Island: Single Family Home *100+ Bank Repo/Consignment Autos & Boats Sell Tri-Weekly on Long Island