700-760 Old Country Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
700-760 Old Country Rd
32,898 SF 78% Leased Office Building Plainview, NY 11803 $6,500,000 ($198/SF) 7.22% Cap Rate
Investment Highlights
- For Sale: Central Park Plaza in Plainview, NY
- Ample On-Site Parking with 120 Spaces
- Roof is about 10 Years Old, in Great Condition, and is High Quality
- Office Building with Several Tenants - 3 Vacancies Available to Lease-Up; Rent Roll is Current and Up-to-Date
- Close Proximity to the Seaford-Oyster Bay Expy, the Northern State Pkwy, and the Long Island Expy
Executive Summary
American Investment Properties is retained to sell the property located at 700 Old Country Rd, Plainview, NY. At this location is the Central Park Plaza which is an office building with several tenants. Currently there are 3 vacancies which provide for great lease-up opportunities.
There is ample on-site parking with 120 spaces. This property is located close to the Seaford-Oyster Bay Expy, the Northern State Pkwy, and the Long Island Expy.
There is ample on-site parking with 120 spaces. This property is located close to the Seaford-Oyster Bay Expy, the Northern State Pkwy, and the Long Island Expy.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
32,898 SF
Building Class
B
Year Built
1960
Price
$6,500,000
Price Per SF
$198
Cap Rate
7.22%
NOI
$469,043
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
32,898 SF
Slab To Slab
10’
Building FAR
0.41
Land Acres
1.86 AC
Zoning
Commercial
Parking
120 Spaces (3.65 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 of 1
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 2489-12-447-00-0021-0 | Improvements Assessment | $18,183 |
| Land Assessment | $21,556 | Total Assessment | $39,739 |
PROPERTY TAXES
Parcel Number
2489-12-447-00-0021-0
Land Assessment
$21,556
Improvements Assessment
$18,183
Total Assessment
$39,739
-
Ron Koenigsberg -
American Investment Properties, Inc.
(516) 393-2300
x101
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
700-760 Old Country Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.