User Investor on an Oversized Plot | 671 Montauk Hwy
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User Investor on an Oversized Plot 671 Montauk Hwy
2,500 SF 40% Leased Office Building Bayport, NY 11705 £1,094,648 (£438/SF)
Investment Highlights
- For more details and to arrange a viewing, potential buyers can contact Carmine LiBretti at (631) 879-1814.
Executive Summary
Seller Financing Available!
User Investor - Medical / Professional Office
2,500 sq. ft. on .92 Acres
$31,000 Gross Income per Annum
671 Montauk Hwy, a zoned medical building available for sale in Bayport, NY. This property is situated in a prime location, offering excellent visibility and accessibility. The building is designed to accommodate medical practices, featuring multiple examination rooms, offices, and a waiting area, ensuring it meets the needs of various healthcare providers and professional offices.
The property sits on a spacious .92-acre lot, providing ample parking for both staff and patients as well possibility to expand. The interior is well-maintained, with modern fixtures and fittings that are essential for a medical facility. Additionally, the building complies with all necessary health and safety regulations, making it ready for immediate use by any medical professional or organization looking to expand or establish their practice in Bayport. Lastly, the tenant in Suite B (1,100 SF - Podiatrist), is paying $31,000 Per annum. Leaving approximately 1,400 SF for a User Investor.
Tenant pays Taxes and Insurance.
Suite A Available for a User
Suite B Lease expires 2028
Separate meters - Opportunity to Expand.
New roof in 2015
New Parking lot in 2020
Large basement (1,500 sq. ft.)
8’5” clear height in basement
User Investor - Medical / Professional Office
2,500 sq. ft. on .92 Acres
$31,000 Gross Income per Annum
671 Montauk Hwy, a zoned medical building available for sale in Bayport, NY. This property is situated in a prime location, offering excellent visibility and accessibility. The building is designed to accommodate medical practices, featuring multiple examination rooms, offices, and a waiting area, ensuring it meets the needs of various healthcare providers and professional offices.
The property sits on a spacious .92-acre lot, providing ample parking for both staff and patients as well possibility to expand. The interior is well-maintained, with modern fixtures and fittings that are essential for a medical facility. Additionally, the building complies with all necessary health and safety regulations, making it ready for immediate use by any medical professional or organization looking to expand or establish their practice in Bayport. Lastly, the tenant in Suite B (1,100 SF - Podiatrist), is paying $31,000 Per annum. Leaving approximately 1,400 SF for a User Investor.
Tenant pays Taxes and Insurance.
Suite A Available for a User
Suite B Lease expires 2028
Separate meters - Opportunity to Expand.
New roof in 2015
New Parking lot in 2020
Large basement (1,500 sq. ft.)
8’5” clear height in basement
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,500 SF
Building Class
B
Year Built
1989
Price
£1,094,648
Price Per SF
£438
Percent Leased
40%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
2,500 SF
Slab to Slab
10 ft
Building FAR
0.06
Lot Size
0.92 AC
Zoning
GSD
Parking
23 Spaces (9.2 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
Parcel Number | 0500-333-00-01-00-006-001 | Improvements Assessment | £16,040 |
Land Assessment | £28,638 | Total Assessment | £44,678 |
PROPERTY TAXES
Parcel Number
0500-333-00-01-00-006-001
Land Assessment
£28,638
Improvements Assessment
£16,040
Total Assessment
£44,678
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User Investor on an Oversized Plot | 671 Montauk Hwy
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