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1848-1850 Deer Park Ave
4,000 SF 100% Leased Retail Building Deer Park, NY 11729 $1,500,000 ($375/SF) 5.39% Cap Rate
Investment Highlights
- Section 64, Block 1, Lot 60
Executive Summary
Near Northwest corner of Deer Park and Lake Avenues.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$110,922
|
$27.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$110,922
|
$27.73
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$30,103
|
$7.53
|
| Net Operating Income |
$80,819
|
$20.20
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $110,922 |
| Annual Per SF | $27.73 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $110,922 |
| Annual Per SF | $27.73 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $30,103 |
| Annual Per SF | $7.53 |
| Net Operating Income | |
|---|---|
| Annual | $80,819 |
| Annual Per SF | $20.20 |
Property Facts
Amenities
- Signage
- Air Conditioning
About 1848-1850 Deer Park Ave , Deer Park, NY 11729
2-unit strip retail with 18 parking spaces.
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Deer Park Meat & Fish Market
- Retailer
- 2,060 SF
- -
- -
-
- Services
- 1,940 SF
- -
- -
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| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Deer Park Meat & Fish Market | Retailer | 2,060 SF | - | - | ||
|
|
Services | 1,940 SF | - | - |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0100-064-00-01-00-060-000 | Improvements Assessment | $4,140 (2023) |
| Land Assessment | $1,500 (2023) | Total Assessment | $5,640 (2023) |
PROPERTY TAXES
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1848-1850 Deer Park Ave
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