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554 Route 112
Patchogue, NY 11772

554 Route 112, Patchogue · Retail Property For Sale

Investment Highlights

  • 1 Story Building with 5 Tenants (With 2 taking two units each).
  • Anchored by a 2,450 sq ft bar
  • About a half mile North of Sunrise Hwy (#27) on the West side of Medford Ave.

Executive Summary

1 Story Building with 5 Tenants (With 2 taking two units each).
About a half mile North of Sunrise Hwy (#27) on the West side of Medford Ave.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built
1978
Price
£2,244,945
Price Per SF
£321
Net Initial Yield
6.67%
NOI
£149,695
Percent Leased
79%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.47
Lot Size
0.34 AC
Zoning
Commercial - Commercial
Parking
35 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
66 ft on Rt-112 Rd

Amenities

  • Restaurant
  • Signage

About 554 Route 112 , Patchogue, NY 11772

Small retail center with 4 units and 39 parking spaces.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0200-924-00-01-00-011-001
Land Assessment
£205
Improvements Assessment
£0
Total Assessment
£205
  • Listing ID: 3757849

  • Date on Market: 18/03/2015

  • Last Updated:

  • Address: 554 Route 112, Patchogue, NY 11772

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