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21 Division Ave

2,250 SF Retail Building Levittown, NY 11756 $1,588,000 ($706/SF) 6.42% Cap Rate

Investment Highlights

  • Calling All Investors, Developers & End-Users!!! MINT NNN Medical Building With Long Lease For Sale!!!
  • The Property Is Located In The Heart Of Levittown On Busy Division Avenue Just 1/2 A Block From Hempstead Tpke.!!!
  • The Property Is Currently Home To A Successful Dental Office!!!
  • The Property Features Excellent Signage, Great Exposure, 12 Parking Spaces, High 8’ Ceilings, 200 Amp Power, Private Parking Lot, CAC, +++!!!
  • Neighbors Include Starbucks, Ford, Jeep-Dodge-Ram, Kia, UPS, Walmart, The Home Depot, P.C. Richard & Son, Stop & Shop, ShopRite, Target, Best Buy, ++!
  • This Property Offers HUGE Upside Potential!!!

Executive Summary

Calling All Investors, Developers & End-Users!!! MINT NNN Medical Building With Long Lease For Sale!!! The Property Features Excellent Signage, Great Exposure, 12 Parking Spaces, High 8’ Ceilings, 200 Amp Power, Private Parking Lot, Accessible Bathroom, Strategically Placed Curb Cut, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Levittown On Busy Division Avenue Just 1/2 A Block From Hempstead Tpke.!!! Neighbors Include Starbucks, Ford, Jeep-Dodge-Ram, Kia, UPS, Walmart, The Home Depot, P.C. Richard & Son, Stop & Shop, ShopRite, Target, Best Buy, AutoZone, Jovia Federal Credit Union, 7-Eleven, Dunkin’, Tropical Smoothie Cafe, Exxon, Texas Roadhouse, Stew Leonard’s, Uncle Giuseppe’s Marketplace, Ulta Beauty, Old Navy, Taco Joe’s, Dairy Queen, IHOP, +++!!! The Property Is Currently Home To A Successful Dental Office!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!
Income:
Guardian Dental Partners: $102,000 Ann.; 2.5% Ann. Inc.; Lease Exp.: 10/8/32.
Gross Income: $102,000 Ann.
Expenses:
Oil: $0 (NNN Lease)
Electric: $0 (NNN Lease)
Water: $0 (NNN Lease)
Maintenance & Repairs: $0 (NNN Lease)
Insurance: $0 (NNN Lease)
Taxes: $0 Ann. (NNN Lease)
Total Expenses: $0 Ann. (NNN Lease)
Net Operating Income (NOI): $102,000 Ann.

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income $93,600 $41.60
Other Income - -
Vacancy Loss - -
Effective Gross Income $93,600 $41.60
Taxes $21,968 $9.76
Operating Expenses $2,273 $1.01
Total Expenses $24,241 $10.77
Net Operating Income $69,359 $30.83

Financial Summary (Actual - 2022)

Gross Rental Income
Annual $93,600
Annual Per SF $41.60
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $93,600
Annual Per SF $41.60
Taxes
Annual $21,968
Annual Per SF $9.76
Operating Expenses
Annual $2,273
Annual Per SF $1.01
Total Expenses
Annual $24,241
Annual Per SF $10.77
Net Operating Income
Annual $69,359
Annual Per SF $30.83

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,250 SF
Building Class
B
Year Built
1948
Price
$1,588,000
Price Per SF
$706
Cap Rate
6.42%
NOI
$102,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.15 AC
Parking
18 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
60 FT on Division Avenue

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Fenced Lot
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
Walk Score ®
Very Walkable (84)
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.®

Nearby Major Retailers

The Little Gym
IHOP
Webster Bank
Planet Fitness
Citizens Bank
HSBC
Miller's Ale House
Starbucks
Jazzercise
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2089-45-149-00-0036-0
Land Assessment
$1,617 (2024)
Improvements Assessment
$559 (2024)
Total Assessment
$2,176 (2024)
Annual Taxes
$21,968 ($9.76/SF)
Tax Year
2022
  • Listing ID: 30026203

  • Date on Market: 11/10/2023

  • Last Updated:

  • Address: 21 Division Ave, Levittown, NY 11756

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