4481-4517 Sunrise Hwy
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4481-4517 Sunrise Hwy
18,847 SF 100% Leased Retail Building Bohemia, NY 11716 $3,600,000 ($191/SF) 9.40% Cap Rate
Investment Highlights
- Great investment opportunity.
- Ample parking.
Executive Summary
Pliskin Realty and Development is pleased to offer for sale a one-story retail strip center located in Bohemia New York. Located on the westbound side of Sunrise Highway, this 19,000SF retail building consists of 8 retail units and over 475 feet of frontage on Sunrise Highway! With a westbound ADT count of 76,320, this retail strip offers incredible exposure and visibility. The property offers some on-site parking, plenty of street parking and, a potential for additional on-site parking. With about 55% currently occupied, this
opportunity offers a great potential for the right investor.
opportunity offers a great potential for the right investor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,847 SF
Building Class
B
Year Built
1981
Price
$3,600,000
Price Per SF
$191
Cap Rate
9.40%
NOI
$338,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Land Acres
0.92 AC
Zoning
BUS 1 - Commercial
Parking
48 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
PROPERTY TAXES
Parcel Number | 0500-278-00-01-00-022-001 | Improvements Assessment | $5,500 |
Land Assessment | $169,500 | Total Assessment | $175,000 |
PROPERTY TAXES
Parcel Number
0500-278-00-01-00-022-001
Land Assessment
$169,500
Improvements Assessment
$5,500
Total Assessment
$175,000
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4481-4517 Sunrise Hwy
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