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185-191 Higbie Ln

4,690 SF 49% Leased Retail Building West Islip, NY 11795 $2,639,862 CAD ($563 CAD/SF) 6.01% Cap Rate

Storefront Properties New York West Islip 185-191 Higbie Ln, West Islip, NY 11795

INVESTMENT HIGHLIGHTS

  • Near Union Blvd., High traffic area.
  • Long-term tenants.
  • Fully Occupied.

EXECUTIVE SUMMARY

ONE-STORY MASONRY BUILDING - 4 STORES. Fully Occupied.

ATTACHMENTS

HB400605_survey
HB400605_plan

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $233,099 $49.70
Other Income - -
Vacancy Loss - -
Effective Gross Income $233,099 $49.70
Taxes - -
Operating Expenses - -
Total Expenses $74,556 $15.90
Net Operating Income $158,544 $33.80

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $233,099
Annual Per SF $49.70
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $233,099
Annual Per SF $49.70
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $74,556
Annual Per SF $15.90
Net Operating Income (CAD)
Annual $158,544
Annual Per SF $33.80

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,690 SF
Building Class
B
Year Built
1975
Price
$2,639,862 CAD
Price Per SF
$563 CAD
Cap Rate
6.01%
NOI
$158,544 CAD
Percent Leased
49%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.20 AC
Zoning
BUS1 - Commercial
Parking
6 Spaces (1.4 Spaces per 1,000 SF Leased)
Frontage
109 ft on Higbie Ln

ABOUT 185-191 HIGBIE LN , WEST ISLIP, NY 11795

ONE-STORY MASONRY BUILDING - 4 STORES

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Soca BJJ Brazilian Jiu Jitsu
  • -
  • 1,200 SF
  • -
  • -
  • The Lion's Den
  • -
  • 940 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Soca BJJ Brazilian Jiu Jitsu - 1,200 SF - -
The Lion's Den - 940 SF - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 185
  • 1,200 SF
  • Retail
  • End Cap
  • Now

End cap; retail.

  • 187
  • 1,200 SF
  • Retail
  • In-Line
  • Now

Inline, retail; former smoke shop. Call owner for rental rate.

Space Size Space Use Position Available
185 1,200 SF Retail End Cap Now
187 1,200 SF Retail In-Line Now

185

Size
1,200 SF
Space Use
Retail
Position
End Cap
Available
Now

187

Size
1,200 SF
Space Use
Retail
Position
In-Line
Available
Now

185

Size 1,200 SF
Space Use Retail
Position End Cap
Available Now

End cap; retail.

187

Size 1,200 SF
Space Use Retail
Position In-Line
Available Now

Inline, retail; former smoke shop. Call owner for rental rate.

LINKS

1 of 1
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Stop & Shop
Chase Bank
Lidl
Wild By Nature
CrossFit
Bank of America

PROPERTY TAXES

Parcel Number 0500-455-00-01-00-055-000 Improvements Assessment $111,336 CAD (2023)
Land Assessment $21,558 CAD (2023) Total Assessment $132,894 CAD (2023)

PROPERTY TAXES

Parcel Number
0500-455-00-01-00-055-000
Land Assessment
$21,558 CAD (2023)
Improvements Assessment
$111,336 CAD (2023)
Total Assessment
$132,894 CAD (2023)
(516) 223-6200

CONTACT

  • Listing ID: 13209917

  • Date on Market: 2018-07-18

  • Last Updated:

  • Address: 185-191 Higbie Ln, West Islip, NY 11795

The Retail Property at 185-191 Higbie Ln, West Islip, NY 11795 is currently available for sale. Contact United Properties Corp. for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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185-191 Higbie Ln, West Islip, NY for sale Primary Photo- Image 1 of 7
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185-191 Higbie Ln, West Islip, NY for sale Plat Map- Image 3 of 7
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185-191 Higbie Ln
(516) 223-6200 x

185-191 Higbie Ln

Ryan Rodger

(516) 223-6200

(516) 223-6200

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