Office building, Long Island, New York, USA

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Office building, Long Island, New York, USA

$1,215,000
$3,441 /m²
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  • Total area
    353 m²
  • Yield
    6.6%
  • Built in 
    1985
Details
Property parameters
  • Land area: 2,428 m²
  • Number of parking lots: 25
  • 1-floor building
Financial performance
  • Annual income: $76,215
Tenants
  • Fully let

One-storey building with office premises.

Description

Total area of the property is 353 m²

Building comprised of offices, meeting rooms, waiting room and WCs.

Building is expandable for 111 m²

Property provided with parking for 25 cars.

Financial performance

Absolute annual income is 70,950 $.

The current yield of 6.6%.

Tenants

Building is leased out to a single tenant.

The agreement stipulates the rental income indexation.

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

Location and nearby infrastructure

Office building situated in Long-Island, in the city with population of about 25 thousand people. There are shops, supermarkets, raliway station and access to the highways in close proximity from the property.

  • Property on the map
    Location right down to the building, street or city
  • Other properties
    Other offers nearby

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