44 Elm St 11,090 SF Office Building Huntington, NY 11743 $2,699,000 ($243.37/SF) 4.61% Cap Rate
INVESTMENT HIGHLIGHTS
- For Sale: Office Building in Huntington, NY
- Current Owner is a Tenant and is Looking to Remain at Sale
- On-Site Parking with 20 Spaces & Municipal Parking Lot Across the Street
- Vacancies Provide for Great Lease-Up Opportunities
- Great Opportunity for Owner-User
- Located in the Heart of Huntington
EXECUTIVE SUMMARY
At this location is a multi-tenant office building with a few vacancies. These vacancies provide for great lease-up opportunities. The current owner is a tenant at this building and is looking to remain a tenant at sale. There is on-site parking as well as a municipal parking lot located across the street.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Building Size
11,090 SF
Building Class
B
Year Built
1975
Price
$2,699,000
Price Per SF
$243.37
Cap Rate
4.61%
NOI
$124,356
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,545 SF
Building FAR
0.77
Lot Size
0.33 AC
Zoning
R5
Parking
20 Spaces (1.8 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 0400-072-00-04-00-058-000 | Improvements Assessment | $12,400 |
| Land Assessment | $1,600 | Total Assessment | $14,000 |
