ID: 4472
SELLER MAY FINANCE WITH 50% DOWN
STRIP CENTER
LOCATION: , Hicksville, NY 11801
DESCRIPTION: ONE STORY BUILDING STORES ON GROUND LEVEL / OFFICES ON LOWER LEVEL
LOT SIZE: 20,143 SQ. FT.
BUILDING SIZE: 13,265 SQ. FT.
TENANTS PAY: OWN ELECTRIC AND FUEL
RENT ROLL (includes contributions): $376,974.00
OPERATING EXPENSES:
Real Estate Tax: $75,328.00
Insurance: $67,538.00
Gas & Electric: $11,878.00
Water: $157.10
Cleaning: $14,103.00
Exterminating: $626.00
Misc. Repairs: $1,087.00
TOTAL OPERATING EXPENSES: $170,717.10 NET OPERATING INCOME: $206,256.90 PRICE: $4,000,000.00
CAP: 5.16%
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Valley Stream Retail Strip For Sale
LOCATION: Rockaway Ave., Valley Stream, NY 11580 DESCRIPTION: ONE STORY RETAIL BUILDING - 9 STORES
LOT SIZE: 13,000 SQ. FT.
BUILDING SIZE: 10,975 SQ. FT.
TENANTS PAY: OWN UTILITIES.
ANNUAL RENT ROLL (includes contributions): $345,429.00
OPERATING EXPENSES:
Real Estate Tax: $108,485.00
Insurance: $29,324.00
Water & Sewer: $1,489.00
Fire Alarm: $1,604.00
Cleaning: $2,212.00
TOTAL OPERATING EXPENSES: $143,114.00 NET OPERATING INCOME: $202,315.00
PRICE: $3,850,000.00 (CAP 5.25%)
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LONG BEACH RETAIL STRIP FOR SALE
LOCATION: Long Beach, NY 11561
DESCRIPTION: TWO STORY BUILDING - 2 STORES & 4 OFFICES. LOT SIZE: 7,200 SQ. FT.
BUILDING SIZE: 7,200 SQ. FT.
TENANTS PAY: Own utilities.
RENT ROLL (including contributions): $223,860.00
OPERATING EXPENSES:
Real Estate Tax: $47,638.00
Insurance: $12,416.00
Gas & Electric: $6,659.00
Water & Sewer: $2,659.00
TOTAL OPERATING EXPENSES: $69,372.00 NET OPERATING INCOME: $154,488.00
PRICE: $3,050,000.00 (CAP 5.07%)
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SUFFOLK SHOPPING CENTER
LOCATION: West Islip, NY 11795
DESCRIPTION: ONE STORY MASONRY BUILDING - 6 STORES. EXCELLENT PARKING.
LOT SIZE: 73,276 SQ. FT.
BUILDING SIZE: 13,000 SQ. FT.
TENANTS PAY: OWN UTILITIES
RENT Roll (including contributions): $363,166.00
OPERATING EXPENSES:
Real Estate Tax: $63,374.00
Insurance: $38,367.00
Gas & Electric: $4,683.00
Water & Sewer: $3,976.00
Rubbish Removal: $6,257.00
Cleaning: $2,901.00
Landscaping: $3,286.00
Snow Removal: $3,069.00
Misc. Repairs: $1,123.00
TOTAL OPERATING EXPENSES: $127,036.00 NET OPERATING INCOME: $236,130.00 PRICE: $5,000,000.00
CAP: 4.72%
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RETAIL SHOPPING CENTER
LOCATION: , Patchogue, NY 11772
DESCRIPTION: ONE STORY MASONARY & BRICK BUILDING - 8 STORES LOT SIZE: 28,500 SQ. FT.
BUILDING SIZE: 6,500 SQ. FT.
TENANTS PAY: OWN UTILITIES
RENT ROLL (includes contributions): $280,330.00
OPERATING EXPENSES:
Real Estate Tax: $47,392.00
Insurance: $16,637.00
Electric: $593.00
Cleaning: $3,701.00
Landscaping: $2,221.00
Misc. Repairs: $5,498.00
TOTAL OPERATING EXPENSES: $76,042.00 NET OPERATING INCOME: $204,288.00 PRICE: $3,950,000.00
CAP: 5.17%
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SHOPPING CENTER FOR SALE
Ware, MA 01082
DESCRIPTION: One Story Retail Building - 6 Stores & Pad Site
LOT SIZE: 7.68 Acres
BUILDING SIZE: 24,081 Sq. Ft.
TENANTS PAY: OWN UTILITIES.
ANNUAL RENT ROLL (including contributions): $424,878.00
OPERATING EXPENSES:
Real Estate Tax: $41,716.00
Insurance: $54,723.00
Gas & Electric: $2,571.00
Water & Sewer: $4,501.00
Cleaning & Landscaping: $2,885.00
Snow Removal: $31,738.00
TOTAL OPERATING EXPENSES: $138,134.00 NET OPERATING INCOME: $286,744.00
PRICE: $5,250,000.00 (CAP 5.46%)
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ID: 4472
SELLER MAY FINANCE WITH 50% DOWN
STRIP CENTER
LOCATION: , Hicksville, NY 11801
DESCRIPTION: ONE STORY BUILDING STORES ON GROUND LEVEL / OFFICES ON LOWER LEVEL
LOT SIZE: 20,143 SQ. FT.
BUILDING SIZE: 13,265 SQ. FT.
TENANTS PAY: OWN ELECTRIC AND FUEL
RENT ROLL (includes contributions): $376,974.00
OPERATING EXPENSES:
Real Estate Tax: $75,328.00
Insurance: $67,538.00
Gas & Electric: $11,878.00
Water: $157.10
Cleaning: $14,103.00
Exterminating: $626.00
Misc. Repairs: $1,087.00
TOTAL OPERATING EXPENSES: $170,717.10 NET OPERATING INCOME: $206,256.90 PRICE: $4,000,000.00
CAP: 5.16%
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Valley Stream Retail Strip For Sale
LOCATION: Rockaway Ave., Valley Stream, NY 11580 DESCRIPTION: ONE STORY RETAIL BUILDING - 9 STORES
LOT SIZE: 13,000 SQ. FT.
BUILDING SIZE: 10,975 SQ. FT.
TENANTS PAY: OWN UTILITIES.
ANNUAL RENT ROLL (includes contributions): $345,429.00
OPERATING EXPENSES:
Real Estate Tax: $108,485.00
Insurance: $29,324.00
Water & Sewer: $1,489.00
Fire Alarm: $1,604.00
Cleaning: $2,212.00
TOTAL OPERATING EXPENSES: $143,114.00 NET OPERATING INCOME: $202,315.00
PRICE: $3,850,000.00 (CAP 5.25%)
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LONG BEACH RETAIL STRIP FOR SALE
LOCATION: Long Beach, NY 11561
DESCRIPTION: TWO STORY BUILDING - 2 STORES & 4 OFFICES. LOT SIZE: 7,200 SQ. FT.
BUILDING SIZE: 7,200 SQ. FT.
TENANTS PAY: Own utilities.
RENT ROLL (including contributions): $223,860.00
OPERATING EXPENSES:
Real Estate Tax: $47,638.00
Insurance: $12,416.00
Gas & Electric: $6,659.00
Water & Sewer: $2,659.00
TOTAL OPERATING EXPENSES: $69,372.00 NET OPERATING INCOME: $154,488.00
PRICE: $3,050,000.00 (CAP 5.07%)
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SUFFOLK SHOPPING CENTER
LOCATION: West Islip, NY 11795
DESCRIPTION: ONE STORY MASONRY BUILDING - 6 STORES. EXCELLENT PARKING.
LOT SIZE: 73,276 SQ. FT.
BUILDING SIZE: 13,000 SQ. FT.
TENANTS PAY: OWN UTILITIES
RENT Roll (including contributions): $363,166.00
OPERATING EXPENSES:
Real Estate Tax: $63,374.00
Insurance: $38,367.00
Gas & Electric: $4,683.00
Water & Sewer: $3,976.00
Rubbish Removal: $6,257.00
Cleaning: $2,901.00
Landscaping: $3,286.00
Snow Removal: $3,069.00
Misc. Repairs: $1,123.00
TOTAL OPERATING EXPENSES: $127,036.00 NET OPERATING INCOME: $236,130.00 PRICE: $5,000,000.00
CAP: 4.72%
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RETAIL SHOPPING CENTER
LOCATION: , Patchogue, NY 11772
DESCRIPTION: ONE STORY MASONARY & BRICK BUILDING - 8 STORES LOT SIZE: 28,500 SQ. FT.
BUILDING SIZE: 6,500 SQ. FT.
TENANTS PAY: OWN UTILITIES
RENT ROLL (includes contributions): $280,330.00
OPERATING EXPENSES:
Real Estate Tax: $47,392.00
Insurance: $16,637.00
Electric: $593.00
Cleaning: $3,701.00
Landscaping: $2,221.00
Misc. Repairs: $5,498.00
TOTAL OPERATING EXPENSES: $76,042.00 NET OPERATING INCOME: $204,288.00 PRICE: $3,950,000.00
CAP: 5.17%
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SHOPPING CENTER FOR SALE
Ware, MA 01082
DESCRIPTION: One Story Retail Building - 6 Stores & Pad Site
LOT SIZE: 7.68 Acres
BUILDING SIZE: 24,081 Sq. Ft.
TENANTS PAY: OWN UTILITIES.
ANNUAL RENT ROLL (including contributions): $424,878.00
OPERATING EXPENSES:
Real Estate Tax: $41,716.00
Insurance: $54,723.00
Gas & Electric: $2,571.00
Water & Sewer: $4,501.00
Cleaning & Landscaping: $2,885.00
Snow Removal: $31,738.00
TOTAL OPERATING EXPENSES: $138,134.00 NET OPERATING INCOME: $286,744.00
PRICE: $5,250,000.00 (CAP 5.46%)
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