Apartment building, Long Island, New York, USA

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Apartment building, Long Island, New York, USA

1,575,000 $
3,860 $ /m²
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  • Total area
    408 m²
  • Yield
    6.0 %
  • Rental rate (m²/month)
    20 $
  • Built in 
    1961
Details
Property parameters
  • Land area: 526 m²
  • Total apartments: 2
  • 2-floor building
Financial performance
  • Annual income: 96,912 $
Tenants
  • Fully let
Features
  • Street retail

Freestanding two-storey building with commercial and residential unirs.

Description

Total area of the property is 408 m²

The first floor consists of two commercial premises, the second floor comprised of two one-bedroom apartments.

The length of building facade is 22 metres.

All premises are leased out.

Lease agreement type: Triple Net Lease. The tenant covers all expenses related to the taxes, insurance and maintenance of the property.

Financial performance

Absolute annual income is 94,500 $.

The current yield of 6%.

Location and nearby infrastructure

Building situated in one of the cities of Long Island with population of about 20 thousand people. There are shopping center, a plenty of single-family homes and raiway station located in close proximity from the property.

  • Property on the map
    Location right down to the building, street or city

More properties

If this property wasn’t for you, take a look at other apartment buildings for sale in the USA.

You can see more apartment buildings for sale in New York City elsewhere on our website.

Statistics in New York City

Price per m², $
13,845
Healthcare efficiency level
65
Index 65 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
56
Index 56 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 13,844.58
Apartment in a bedroom community, m² 6,030.31
Transport Price, $
Public transport, 1 ride 2.64
Monthly travel card 116.23
Taxi, 1 km 1.64
Petrol, 1 l 0.77
Food Price, $
Water, 1.5 l 2.21
Milk, 1 l 1.08
White bread, 500 g 3.75
Eggs, a dozen 3.42
Chicken fillet, 1 kg 12.59
Education Price, $
Kindergarten, per month 2,285.93
International school, per year 36,632.36
Health care index
Staff competence 73.99
Medical equipment 88.27
Research accuracy and completeness 73.48
Attitude towards patients 68.69
Security index
Crime rate 46.42
The risk of being robbed 43.5
The risk of car theft 43.99
The risk of break-in and property damage 50.34

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Anna Kurianovich
Anna Kurianovich
Investment consultant in New York City
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