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- LoopNet Team
3 Snoop St
Monroe, NY 10950
ON RT. 17-M, BUSIEST BUSINESS ROAD IN MONROE! · Retail Property For Sale
PROPERTY FACTS
Amenities
- 24 Hour Access
- Corner Lot
- Tenant Controlled HVAC
- Air Conditioning
About 3 Snoop St , Monroe, NY 10950
CASH COW ON ROUTE 17-M… START COLLECTING RENT/CASH TODAY!!! This commercial mixed-use property delivers a solid 8% return on investment every year! If you go with a mortgage you will earn between 11.5% & 12.5% return on your investment every year!!! The building is very well maintained and updated consistently, it’s located on the 17-M, the busiest business road in Monroe NY, The building is fully occupied with 5 wonderful tenants, most of them are long term occupants, so you are really secure with a hassle-free return on your investment. The building has 1 ‘residential’ 4-bedroom apartment upstairs and 4 ‘commercial’ retail/office spaces downstairs. See Rent Roll below. RENT ROLL: Unit #1 4-bedroom Apt.= $1875. Unit #2 Chiropractor = $1,400. Unit #3 E-line Bikes =$1,150. Unit #4 Barber Shop =$980. Unit #5 Foley Security =$775. GROSS OPERATING INCOME = $74,160.00 NET OPERATING INCOME = $54,676.83 CAP RATE = 8.04% - CASH ON CASH = 11.3%!!
PROPERTY TAXES
| Parcel Number | 334089-025-000-0003-009.000-0000 | Improvements Assessment | $40,900 |
| Land Assessment | $14,200 | Total Assessment | $55,100 |
PROPERTY TAXES
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