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8 Little East Neck Rd
Babylon, NY 11702
Apple Bank · Retail Property For Sale
Investment Highlights
- Apple Bank Expected to Open For Business November 2021
- Brand New Long-Term, 15-Year Lease | Excellent Rental Increases With Ten Percent (10%) Rental Increases In Year Four, Year Eight, & Year Twelve
- Outstanding Site Exposure | Hard Corner At Four Way Intersection On Montauk Highway With Combined Traffic Counts of Over 49,000 Cars Per Day
- Lease Guaranteed By Apple Bank | 80 Branches & $16.1BN in Assets (2020)
- Two (2), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,590 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.69 AC
Zoning
Commercial
Parking
31 Spaces (2.18 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Corner Lot
- Storage Space
Property Taxes
| Parcel Number | 0102-012-00-02-00-018-000 | Improvements Assessment | $13,150 |
| Land Assessment | $3,740 | Total Assessment | $16,890 |
Property Taxes
Parcel Number
0102-012-00-02-00-018-000
Land Assessment
$3,740
Improvements Assessment
$13,150
Total Assessment
$16,890
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