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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
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
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%

Walk Score ®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

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

Rent-A-Center
Jenny Craig
IHOP
Sarku Japan
Retro Fitness
Starbucks
Chase Bank
Flagstar
Mercadona
Citi
  • Listing ID: 20430143

  • Date on Market: 28/07/2020

  • Last Updated:

  • Address: 70 S Main St, Freeport, NY 11520

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