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City Bank Building 332 Route 100
12,000 SF 100% Leased Office Building Somers, NY 10589 For Sale
Investment Highlights
- Fully Leased including 2 Credit Tenants with long term leases covering the large majority of the property
- Conveniently Located
- Great Parking
Executive Summary
12,000 SF Fully Leased Commercial Property with NOI of +/- $259,000
Situated upon 1.10 acres consisting of 47 parking spaces
Three story elevator building & ADA compliant
Recently upgraded HVAC and air handler, bathrooms, parking lot and outdoor lighting
Well maintained and low maintenance building
Highly visible, centrally located and in close proximity to I-684 and Route 202.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Banking
- Air Conditioning
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Brown & Brown
- Finance and Insurance
-
99,999 SF
- -
-
Jan 0000
-
- Finance and Insurance
-
99,999 SF
- -
-
Jan 0000
People live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through Citi's vast global network and their on-the-ground expertise, they can connect the dots, anticipate change and empathize the needs of their clients and customers in ways that other banks simply cannot.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Brown & Brown | Finance and Insurance | 99,999 SF | - | Jan 0000 | ||
|
|
Finance and Insurance | 99,999 SF | - | Jan 0000 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $549,350 | |
| Land Assessment | $61,300 | Total Assessment | $610,650 |
PROPERTY TAXES
-
David Richman -
Michael Litsky -
Rakow Commercial Realty Group, Inc.
Presented by
City Bank Building | 332 Route 100
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