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1848-1850 Deer Park Ave
4,000 SF 100% Leased Retail Building Deer Park, NY 11729 £1,192,938 (£298/SF) 5.39% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Section 64, Block 1, Lot 60
EXECUTIVE SUMMARY
Near Northwest corner of Deer Park and Lake Avenues.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
£88,215
|
£22.05
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£88,215
|
£22.05
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£23,941
|
£5.99
|
| Net Operating Income |
£64,275
|
£16.07
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £88,215 |
| Annual Per SF | £22.05 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £88,215 |
| Annual Per SF | £22.05 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £23,941 |
| Annual Per SF | £5.99 |
| Net Operating Income | |
|---|---|
| Annual | £64,275 |
| Annual Per SF | £16.07 |
PROPERTY FACTS
AMENITIES
- Signage
- Air Conditioning
ABOUT 1848-1850 DEER PARK AVE , DEER PARK, NY 11729
2-unit strip retail with 18 parking spaces.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Deer Park Meat & Fish Market
- Retailer
- 2,060 SF
- -
- -
-
- Service type
- 1,940 SF
- -
- -
In 1955, H&R Block was founded with the understanding that taxes are more than just numbers on a page — they have a real impact on people’s lives. This founding principle helps guide them today, as they continue to transform the industry. At a time when taxpayers were left to navigate the complexities of filing on their own, their founding brothers, Henry and Richard Bloch, offered tax prep guidance. This innovative service marked the beginning of the tax preparation industry, setting the foundation for their company values: putting people and their refunds first. H&R Block invented the tax preparation category. They take this history seriously with the belief that everyone deserves tax help without stress or hassle — seriously.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Deer Park Meat & Fish Market | Retailer | 2,060 SF | - | - | ||
|
|
Service type | 1,940 SF | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0100-064-00-01-00-060-000 | Improvements Assessment | £3,293 (2023) |
| Land Assessment | £1,193 (2023) | Total Assessment | £4,485 (2023) |
PROPERTY TAXES
Presented by
1848-1850 Deer Park Ave
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