56-68 Echo Ave | Miller Place, NY 11764
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56-68 Echo Ave
Miller Place, NY 11764
Miller Place Shopping Center · Retail Property For Sale
Investment Highlights
- This shopping center has a variety of tenants including a pizzeria, pharmacy, music store, and dry cleaner.
Executive Summary
One story building with 7 units and one stand alone building with one unit. Only one vacancy.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,080 SF
Building Class
C
Year Built
1980
Price
£3,938,500
Price Per SF
£391
Net Initial Yield
6.85%
NOI
£269,835
Percent Leased
72%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.16
Lot Size
1.47 AC
Zoning
BD
Parking
59 Spaces (6.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £7,200 | |
| Land Assessment | £3,151 | Total Assessment | £10,350 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£3,151
Improvements Assessment
£7,200
Total Assessment
£10,350
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