Apartment building, Long Island, New York, USA

Additional information is provided after the signing of an NDA

Apartment building, Long Island, New York, USA

$1,575,000
$3,860 /m²
Learn the property location
Send the listing to yourself
  • Total area
    408 m²
  • Yield
    6.0%
  • Built in 
    1961
Details
Property parameters
  • Land area: 526 m²
  • Total apartments: 2
  • 2-floor building
Financial performance
  • Annual income: $94,996
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.

More properties

If this ad doesn't suit you, have a look at the other apartment buildings for sale in New York City.

All ads in the country: apartment buildings for sale in the USA.

Learn more about this property
Ask the Destination Manager your questions
Learn more
    I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
    Marina Filichkina
    Marina Filichkina,
    Head of Sales
    Learn more
    Similar listings

    We select ads that may interest you.

    Not sure what to start with? Send an advice request
    Our expert will contact you to help with selecting real estate.
    Ask a question
      I confirm that I have read and accept the Privacy Policy and Personal Data Processing Guidelines.
      Sofia Bulanova,
      Senior Investment Consultant
      flag icon
      Dubai, UAE
      Tranio Global Real Estate, Ohmydesk Business Center, Al Fattan Downtown, 32d St, 103-104, Al Satwa Dubai, UAE
      flag icon
      Torrevieja, Spain
      Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
      flag icon
      Athens, Greece
      Tranio LLC, Vissarionos, 4, 10672 Athens
      flag icon
      Berlin, Germany
      Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
      Send a request