Industrial Building / Auto Repair Shop | 1400 Middle Country Rd
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Industrial Building / Auto Repair Shop 1400 Middle Country Rd
3,444 SF Industrial Building Centereach, NY 11720 £780,095 (£227/SF) 4.93% Net Initial Yield
Investment Highlights
- 158' Frontage - Heavy vehicular traffic at all times along Middle Country Road
- Select Fixtures/Equipment included upon request
- Large lot over half acre
Executive Summary
Prime Middle Country Road Location with 158' Frontage. Existing Auto/Transmission Repair Shop. Available for Sale or Lease. Delivered Vacant. Some Fixtures/Equipment Can Be Included Upon Request. Plot Size 24,394 SF / .56 Acres. Contact Kevin Hill or Nicholas Campasano for More Info.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£62,217
|
£18.07
|
| Other Income |
-
|
-
|
| Vacancy Loss |
£2,862
|
£0.83
|
| Effective Gross Income |
£59,355
|
£17.23
|
| Taxes |
£16,970
|
£4.93
|
| Operating Expenses |
£3,952
|
£1.15
|
| Total Expenses |
£20,922
|
£6.07
|
| Net Operating Income |
£38,433
|
£11.16
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £62,217 |
| Annual Per SF | £18.07 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | £2,862 |
| Annual Per SF | £0.83 |
| Effective Gross Income | |
|---|---|
| Annual | £59,355 |
| Annual Per SF | £17.23 |
| Taxes | |
|---|---|
| Annual | £16,970 |
| Annual Per SF | £4.93 |
| Operating Expenses | |
|---|---|
| Annual | £3,952 |
| Annual Per SF | £1.15 |
| Total Expenses | |
|---|---|
| Annual | £20,922 |
| Annual Per SF | £6.07 |
| Net Operating Income | |
|---|---|
| Annual | £38,433 |
| Annual Per SF | £11.16 |
Property Facts
Utilities
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 3,444 SF
- Retail
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,444 SF | Retail | Full Build-Out | Now |
1st Floor
| Size |
| 3,444 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 0200-489-00-03-00-027-000 | Total Assessment | £3,449 (2023) |
| Land Assessment | £1,478 (2023) | Annual Taxes | £16,970 (£4.93/sf) |
| Improvements Assessment | £1,971 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0200-489-00-03-00-027-000
Land Assessment
£1,478 (2023)
Improvements Assessment
£1,971 (2023)
Total Assessment
£3,449 (2023)
Annual Taxes
£16,970 (£4.93/sf)
Tax Year
2024
zoning
| Zoning Code | L Ind 1 (Industrial, Light Manufacturing, Office, and Select Retail Uses Permitted) |
| L Ind 1 (Industrial, Light Manufacturing, Office, and Select Retail Uses Permitted) |
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Industrial Building / Auto Repair Shop | 1400 Middle Country Rd
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