351 Fort Salonga Rd
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351 Fort Salonga Rd
2,764 SF 17% Leased Office Building Northport, NY 11768 $1,700,000 ($615/SF) 6.22% Cap Rate
Investment Highlights
- Please contact Steven Bootz for more information | 631 809 1917
Executive Summary
Welcome to 351 Fort Salonga Road, in the beautiful waterfront town of Northport, NY.
Ideally situated on the hard (Traffic light) Northwest corner of Rt 25A and Reservoir Avenue, the gateway to Northport Village. The property and its tenant's benefit from fantastic visibility and easy access with curb cuts on both Rt 25A and Reservoir Ave.
Constructed in 2008 and meticulously maintained, this 2,764 SF building boasts tremendous curb appeal as well as a clean lined medical build out. There are currently two medical suites, one is occupied (1620 SF) and the other is vacant (1144 SF) and ready for a medical tenant to occupy.
The property has ample on site parking and is handicap accessible with two entrances for its patrons. There are two electric meters and two gas meters that service each medical suite. The building is on sewer, was built on a slab, and offers a substantial attic space where the mechanicals are. The property taxes are $26,000 a year which is inclusive of the village tax.
Ideally situated on the hard (Traffic light) Northwest corner of Rt 25A and Reservoir Avenue, the gateway to Northport Village. The property and its tenant's benefit from fantastic visibility and easy access with curb cuts on both Rt 25A and Reservoir Ave.
Constructed in 2008 and meticulously maintained, this 2,764 SF building boasts tremendous curb appeal as well as a clean lined medical build out. There are currently two medical suites, one is occupied (1620 SF) and the other is vacant (1144 SF) and ready for a medical tenant to occupy.
The property has ample on site parking and is handicap accessible with two entrances for its patrons. There are two electric meters and two gas meters that service each medical suite. The building is on sewer, was built on a slab, and offers a substantial attic space where the mechanicals are. The property taxes are $26,000 a year which is inclusive of the village tax.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,764 SF
Building Class
B
Year Built
2008
Price
$1,700,000
Price Per SF
$615
Cap Rate
6.22%
NOI
$105,774
Percent Leased
17%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,764 SF
Slab To Slab
11’
Building FAR
0.15
Lot Size
0.43 AC
Zoning
R8.5 - High density residential district
Parking
12 Spaces (4.34 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Exam rooms, 1 lunch area
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,144 SF | Office/Medical | Partial Build-Out | Now |
1st Floor
| Size |
| 1,144 SF |
| Space Use |
| Office/Medical |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 1,144 SF |
| Space Use | Office/Medical |
| Condition | Partial Build-Out |
| Available | Now |
Exam rooms, 1 lunch area
Walk Score ®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 0404-016-00-01-00-032-000 | Improvements Assessment | $3,000 |
| Land Assessment | $3,000 | Total Assessment | $6,000 |
PROPERTY TAXES
Parcel Number
0404-016-00-01-00-032-000
Land Assessment
$3,000
Improvements Assessment
$3,000
Total Assessment
$6,000
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351 Fort Salonga Rd
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