623-629 E Main St
Kings Park, NY 11754
Retail Property For Sale
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INVESTMENT HIGHLIGHTS
- Tenants in the building include a pizzeria, dry cleaner, deli, and convenience store/smoke shop.
EXECUTIVE SUMMARY
This is a four tenant commercial building that is fully leased.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,026 SF
Building Class
B
Year Built
1960
Price
$2,750,000
Price Per SF
$547
Cap Rate
6.72%
NOI
$184,734
Percent Leased
79%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.72 AC
Parking
17 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
Parcel Number | 0800-031-00-03-00-045-000 | Improvements Assessment | $11,170 |
Land Assessment | $1,100 | Total Assessment | $12,270 |