70 S Main St 5,000 SF Office Condo Unit Offered at $2,062,654 CAD in Freeport, NY 11520
PROPERTY FACTS
| Price | $2,062,654 CAD |
| Unit Size | 5,000 SF |
| No. Units | 1 |
| Total Building Size | 5,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,198 SF |
| Year Built | 2005 |
| Lot Size | 0.16 AC |
| Parking Ratio | 2/1,000 SF |
1 UNIT AVAILABLE
Unit 1
| Unit Size | 5,000 SF |
| Price | $2,062,654 CAD |
| Price Per SF | $412.53 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| NOI | $113,374.85 CAD |
SALE NOTES
High ceilings and three walls of windows, leased through May 2021 to Corporation of the
Presiding Bishop of the Church of Jesus Christ of Latter Day Saints, a Utah Corp., paved walkway
from municipal parking lot in rear to Main Street, abundant parking, walking distance to LIRR,
located between Sunrise Hwy & Merrick Rd. Prime State-Of-The-Art new construction.
Total Income: $139,700
Expenses: $60,000
NOI: $79,700
CAP Rate: 6.4%
Walk Score®
Walker's Paradise (90)
MAJOR TENANT INFORMATION
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Church Of Jesus Christ of Latter Day Saints |
5,000 SF
|
May 2026
|
| Brook Valley Kydaha Inc |
500 SF
|
-
|
NEARBY MAJOR RETAILERS
