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70 S Main St
5,000 SF Office Unit Offered at £987,512 in Freeport, NY 11520
Property Facts
Price | £987,512 | Building Class | B |
Unit Size | 5,000 SF | Number of Floors | 4 |
No. Units | 1 | Typical Floor Size | 3,198 SF |
Total Building Size | 5,000 SF | Year Built | 2005 |
Property Type | Retail (Unit) | Lot Size | 0.16 AC |
Property Subtype | Storefront Retail/Residential | Parking Ratio | 2/1,000 SF |
Sale Type | Investment |
Price | £987,512 |
Unit Size | 5,000 SF |
No. Units | 1 |
Total Building Size | 5,000 SF |
Property Type | Retail (Unit) |
Property Subtype | Storefront Retail/Residential |
Sale Type | Investment |
Building Class | B |
Number of Floors | 4 |
Typical Floor Size | 3,198 SF |
Year Built | 2005 |
Lot Size | 0.16 AC |
Parking Ratio | 2/1,000 SF |
1 Unit Available
Unit 1
Unit Size | 5,000 SF | Sale Type | Investment |
Price | £987,512 | Net Initial Yield | 6.38% |
Price Per SF | £197.50 | NOI | £62,963.80 |
Unit Use | Office |
Unit Size | 5,000 SF |
Price | £987,512 |
Price Per SF | £197.50 |
Unit Use | Office |
Sale Type | Investment |
Net Initial Yield | 6.38% |
NOI | £62,963.80 |
Sale Notes
High ceilings and three walls of windows, leased through May 2021 to Corporation of the
Presiding Bishop of the Church of Jesus Christ of Latter Day Saints, a Utah Corp., paved walkway
from municipal parking lot in rear to Main Street, abundant parking, walking distance to LIRR,
located between Sunrise Hwy & Merrick Rd. Prime State-Of-The-Art new construction.
Total Income: $139,700
Expenses: $60,000
NOI: $79,700
CAP Rate: 6.4%
Major Tenant Information
TENANT | SF OCCUPIED | LEASE END DATE |
---|---|---|
Church Of Jesus Christ of Latter Day Saints | 5,000 SF | May 2026 |
Brook Valley Kydaha Inc | 500 SF | - |
Nearby Major Retailers
Presented by
70 S Main St
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