91-93 Main St
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91-93 Main St
1,800 SF 100% Leased Retail Building East Rockaway, NY 11518 $759,000 ($422/SF) 6.50% Cap Rate
Investment Highlights
- High Traffic Area
- Less than a mile from the Water Front and Night Time Entertainment
- Easy Access to Public Transportation
- 2 commercial spaces
Executive Summary
Great investment opportunity with 2 commercial spaces and one 2-bedroom residential space.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,800 SF
Building Class
C
Year Built
1950
Price
$759,000
Price Per SF
$422
Cap Rate
6.50%
NOI
$49,335
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.09 AC
Parking
3 Spaces (1.67 Spaces per 1,000 SF Leased)
Frontage
176 FT on Main Street
Amenities
- Corner Lot
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (83)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2005-42-095-00-0129-0 | Improvements Assessment | $2,675 |
Land Assessment | $840 | Total Assessment | $3,515 |
PROPERTY TAXES
Parcel Number
2005-42-095-00-0129-0
Land Assessment
$840
Improvements Assessment
$2,675
Total Assessment
$3,515
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91-93 Main St
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