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154-168 Montauk Hwy

7,600 SF 100% Leased Retail Building Blue Point, NY 11715 $3,516,000 CAD ($463 CAD/SF) 6.94% Cap Rate

Retail Buildings New York Blue Point 154-168 Montauk Hwy, Blue Point, NY 11715

Investment Highlights

  • On main road in Blue Point.

Executive Summary

Small shopping center. Only 1 vacancy! Long-term tenants.

Attachments

BP400750_survey
BP400750_plan

Financial Summary (Pro forma - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $373,152 $49.10
Other Income - -
Vacancy Loss - -
Effective Gross Income $373,152 $49.10
Taxes - -
Operating Expenses - -
Total Expenses $129,311 $17.01
Net Operating Income $243,841 $32.08

Financial Summary (Pro forma - 2024)

Gross Rental Income (CAD)
Annual $373,152
Annual Per SF $49.10
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $373,152
Annual Per SF $49.10
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $129,311
Annual Per SF $17.01
Net Operating Income (CAD)
Annual $243,841
Annual Per SF $32.08

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,600 SF
Building Class
C
Year Built
1970
Price
$3,516,000 CAD
Price Per SF
$463 CAD
Cap Rate
6.94%
NOI
$244,140 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Land Acres
1.25 AC
Zoning
Commercial
Parking
30 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
149 ft on Main St

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Drive Thru

About 154-168 Montauk Hwy , Blue Point, NY 11715

Small Shopping Center on main road. 100% occupancy. Professional.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Del Rio Salon and Day Spa
  • -
  • -
  • -
  • -
  • Grill On
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Del Rio Salon and Day Spa - - - -
Grill On - - - -

Links

1 of 1

Nearby Major Retailers

King Kullen
Ymca
Starbucks
Flight
Arooga's
Bank of America
Club Pilates
Chase Bank
Bravo
Dime Community Bank

PROPERTY TAXES

Parcel Number 0200-980-80-08-00-044-000 Improvements Assessment $10,197 CAD (2023)
Land Assessment $1,676 CAD (2023) Total Assessment $11,873 CAD (2023)

PROPERTY TAXES

Parcel Number
0200-980-80-08-00-044-000
Land Assessment
$1,676 CAD (2023)
Improvements Assessment
$10,197 CAD (2023)
Total Assessment
$11,873 CAD (2023)
(516) 223-6200

  • Listing ID: 11115910

  • Date on Market: 2017-09-26

  • Last Updated:

  • Address: 154-168 Montauk Hwy, Blue Point, NY 11715

The Retail Property at 154-168 Montauk Hwy, Blue Point, NY 11715 is currently available For Sale. Contact United Properties Corp. for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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154-168 Montauk Hwy
(516) 223-6200 x

154-168 Montauk Hwy

Ryan Rodger

(516) 223-6200

(516) 223-6200

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