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1409 Milton Ave
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1409 Milton Ave
4,226 SF 100% Leased Retail Building Solvay, NY 13209 £357,802 (£85/SF) 6.67% Net Initial Yield
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EXECUTIVE SUMMARY
Amazing Opportunity To Own A Completely Turn Key Mix Use In Prime Solvay Business District! This Totally Remolded Building Has Everything! Large 1800 Sq Ft Store Front With Nice Laminate Floors! New Doors And Windows! Security System! Amazing Parking Lot! In Rear! Perfect For Any Business! 3 Nice Size All Remodeled Apartments With In Unit Laundry On 2nd And 3rd Floor! 2 Two Bedrooms And 1 One Bedroom! Solvay Electric! Close To Everything! Apartments Will Cover Majority Of A Mortgage!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,226 SF
Building Class
C
Year Built
1960
Price
£357,802
Price Per SF
£85
Net Initial Yield
6.67%
NOI
£23,854
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.65
Lot Size
0.15 AC
Zoning
06 - INDUS
Parking
4 Spaces (0.95 Spaces per 1,000 SF Leased)
Frontage
38 ft on Milton Ave
AMENITIES
- Bus Route
- Signage
PROPERTY TAXES
Parcel Number | 313201-010-000-0008-005-000-0000 | Improvements Assessment | £86,607 |
Land Assessment | £12,009 | Total Assessment | £98,616 |
PROPERTY TAXES
Parcel Number
313201-010-000-0008-005-000-0000
Land Assessment
£12,009
Improvements Assessment
£86,607
Total Assessment
£98,616
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Presented by
Skinner & Associates Realty, LLC
1409 Milton Ave
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