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4481-4517 Sunrise Hwy
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4481-4517 Sunrise Hwy
18,847 SF 100% Leased Retail Building Bohemia, NY 11716 £3,181,168 (£169/SF) 9.06% Net Initial Yield
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INVESTMENT HIGHLIGHTS
- Very high projected cash flow
- Very strong foot traffic and visibility
EXECUTIVE SUMMARY
Curb Capital LLC is pleased to present 4481-4505 Sunrise Hwy, a retail strip in Bohemia, NY, offering 18,980 SF of space with 7 retail units (4/7 currently occupied), and significant value-add potential, all located just minutes from major shopping centers, national retailers, schools, parks, residential neighborhoods, and the LIRR.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,847 SF
Building Class
B
Year Built
1981
Price
£3,181,168
Price Per SF
£169
Net Initial Yield
9.06%
NOI
£288,292
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.47
Lot Size
0.92 AC
Zoning
BUS 1 - Commercial
Parking
48 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Bus Route
- Commuter Rail
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 0500-278-00-01-00-022-001 | Improvements Assessment | £4,374 |
Land Assessment | £134,802 | Total Assessment | £139,176 |
PROPERTY TAXES
Parcel Number
0500-278-00-01-00-022-001
Land Assessment
£134,802
Improvements Assessment
£4,374
Total Assessment
£139,176
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Presented by
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4481-4517 Sunrise Hwy
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