64-66 S 4th Ave 11,000 SF 100% Leased Retail Building Mount Vernon, NY 10550 $2,242,291 CAD ($203.84 CAD/SF) 5.71% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy Day Time Traffic Street
- Near Transportation.
- Long Term Lease
- Tenant Paid Property Tax Partially
EXECUTIVE SUMMARY
Great Investment property, Long Term Lease(25 Years) , Cap Rate 5.7%. Separate entrance 3 store fronts. Great opportunity own a building that is occupied by 3 Tenants(99C Store, Jewelry Store, Restaurant). Owner Operating Inc:$123,060, Owner Operating Exp:$30,624, Net Operating Inc:$92,436
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
11,000 SF
Building Class
C
Year Built
1950
Price
$2,242,291 CAD
Price Per SF
$203.84 CAD
Cap Rate
5.71%
NOI
$127,943 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
R6 - R6 - Medium density residential district
Frontage
122’ on 4th Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0800-165-070-03087-000-0030 | Improvements Assessment | $14,824 CAD |
| Land Assessment | $10,833 CAD | Total Assessment | $25,656 CAD |
