Shop, Long Island, New York, USA

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Shop, Long Island, New York, USA

$1,100,000
$9,909 /m²
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  • Total area
    111 m²
  • Yield
    6.0%
  • Built in 
    2006
Details
Property parameters
  • Land area: 1,618 m²
  • Number of parking lots: 40
  • 1-floor building
Financial performance
  • Annual income: $65,992
Tenants
  • Fully let
Features
  • Street retail

Freestanding one-storey commercial builidng.

Description

Total area of the property is 111 m²

The length of building facade is 17 metres.

Property has a parking for 40 cars.

Building was renovated few years ago.

Financial performance

Absolute annual income is 66,000 $.

The current yield of 6%.

Tenants

The tenant is a car dealership.

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

Location

The property is situated on a busy street, in the southern part of Huntington Station district. There are shops and gas filling stations located in proximity from the building.

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