742-746 Middle Country Rd
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742-746 Middle Country Rd
996 SF 100% Leased Retail Building Selden, NY 11784 £1,368,319 (£1,374/SF) 6.66% Net Initial Yield
Investment Highlights
- Corner Lot
- Development Potential
- Contact us today at (516) 231-1031 to learn more about this exciting investment opportunity!
- Nearby Many National Tenants
- Owner is willing to make a deal subject to delivering property vacant
Executive Summary
This is an opportunity to purchase a well-located corner property in a great part of Selden, NY. Benefit from the location on a major commercial thoroughfare in a dense area. This corner property benefits from excellent visibility and its close proximity to neighboring retailers. National tenants in the area include CVS, Walgreens, Aldi, Chipotle, 7- Eleven as well as many others. Be the next national retail owner in this location!
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
996 SF
Building Class
C
Year Built
1940
Price
£1,368,319
Price Per SF
£1,374
Net Initial Yield
6.66%
NOI
£91,130
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.04
Lot Size
0.62 AC
Zoning
C - Commercial
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
120 ft on Middle Country Road
Amenities
- Corner Lot
Walk Score ®
Very Walkable (70)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0200-473-00-05-00-013-000 | Total Assessment | £1,167 (2023) |
| Land Assessment | £495 (2023) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £672 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0200-473-00-05-00-013-000
Land Assessment
£495 (2023)
Improvements Assessment
£672 (2023)
Total Assessment
£1,167 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
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742-746 Middle Country Rd
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