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Retail/Industrial Space w/Large Fenced Yard 61-65 Smithtown Blvd

6,860 SF 27% Leased Retail Building Smithtown, NY 11787 £1,928,275 (£281.09/SF) 5% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • 200 Amps Oil heat.
  • Small basement in corner with access from inside.
  • 14' clear.

EXECUTIVE SUMMARY

Large fenced yard. Possible Industrial use in 1/2 the building. Retail space divided into four (4) units, of which 2 units are occupied by dry cleaners. Dry cleaner lease exp of 3/2027 ; The Remaining two Retail units are available and can be combine. There is also +/- 3,000 sq. ft. industrial unit with rear drive in into back yard.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,860 SF
Building Class
C
Year Built
1990
Price
£1,928,275
Price Per SF
£281.09
Net Initial Yield
5%
NOI
£96,414
Percent Leased
27%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.15
Lot Size
1.08 AC
Parking
42 Spaces (6.12 Spaces per 1,000 SF Leased)
Frontage
128 ft on Smithtown Blvd

AMENITIES

  • Dedicated Turn Lane
  • Signage
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NEARBY MAJOR RETAILERS

Flagstar
TD Bank
Chase Bank
The Greene Turtle Sports Bar& Grille
Starbucks
Friendly's Ice Cream Shop
Bank of America
Apple Bank
TD Ameritrade

PROPERTY TAXES

Parcel Number 0800-135-00-04-00-006-000 Improvements Assessment £7,867
Land Assessment £2,931 Total Assessment £10,798

PROPERTY TAXES

Parcel Number
0800-135-00-04-00-006-000
Land Assessment
£2,931
Improvements Assessment
£7,867
Total Assessment
£10,798
(516) 410-0815

CONTACTS

  • Listing ID: 30907195

  • Date on Market: 08/02/2024

  • Last Updated:

  • Address: 61-65 Smithtown Blvd, Smithtown, NY 11787

The Retail Property at 61-65 Smithtown Blvd, Smithtown, NY 11787 is currently available for sale. Contact Industry One Realty Corp for more information.

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Retail/Industrial Space w/Large Fenced Yard | 61-65 Smithtown Blvd
(516) 410-0815 x

Retail/Industrial Space w/Large Fenced Yard | 61-65 Smithtown Blvd

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Richard Pidgeon

(516) 410-0815

(516) 410-0815

Anthony Papiro

(516) 317-3636

(516) 317-3636

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