56-68 Echo Ave | Miller Place, NY 11764
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56-68 Echo Ave
Miller Place, NY 11764
Miller Place Shopping Center · Retail Property For Sale
Investment Highlights
- This shopping center has a variety of tenants including a pizzeria, pharmacy, music store, and dry cleaner.
Executive Summary
One story building with 7 units and one stand alone building with one unit. Only one vacancy.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,080 SF
Building Class
C
Year Built
1980
Price
$5,000,000
Price Per SF
$496
Cap Rate
6.85%
NOI
$342,561
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.47 AC
Zoning
BD
Parking
59 Spaces (6.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $9,140 | |
| Land Assessment | $4,000 | Total Assessment | $13,140 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$4,000
Improvements Assessment
$9,140
Total Assessment
$13,140
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