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Sterlington Commons 9 Sterlington Commons

20,000 SF 100% Leased Retail Building Greenport, NY 11944 $13,871,215 CAD ($694 CAD/SF) 4.10% Cap Rate

Investment Highlights

  • Extraordinary downtown location in a waterfront East End village
  • On-site parking
  • Less than one block from the harbor, and terminals for ferry, train, and bus

Executive Summary

Introducing a exceptionally rare opportunity to own a premier mixed-use commercial property in the heart of Greenport, Long Island – an extraordinary waterfront village. This versatile property seamlessly blends retail, office, and residential spaces, offering endless potential for income generation and growth. With high foot traffic, less than a block from the waterfront and ferry, train, and bus terminals, and a prime location amidst boutique shops, cafes, restaurants and hotels, this property stands out as a centerpiece in a vibrant community. Its strategic location ensures visibility, accessibility, and unparalleled convenience for customers and residents, making it the perfect investment for those looking to capitalize on a dynamic, thriving environment. Don’t miss out on this chance to be part of a flourishing waterfront destination!
DISCLAIMER: All information is subject to errors, omissions, modification, and withdrawal without notice. Measurements may be estimates and information shown should not be relied upon without independent verification.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,000 SF
Building Class
B
Year Built
1987
Price
$13,871,215 CAD
Price Per SF
$694 CAD
Cap Rate
4.10%
NOI
$568,720 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Land Acres
1.50 AC
Zoning
Retail/Office/Medical
Parking
65 Spaces (3.25 Spaces per 1,000 SF Leased)
Frontage
20 ft on Front Street

Amenities

  • 24 Hour Access
  • Bus Line
  • Commuter Rail
  • Signage
  • Air Conditioning
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (72)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1001-006-00-02-00-023-005
Land Assessment
$8,408 CAD
Improvements Assessment
$20,376 CAD
Total Assessment
$28,785 CAD
  • Listing ID: 33354251

  • Date on Market: 2024-09-30

  • Last Updated:

  • Address: 9 Sterlington Commons, Greenport, NY 11944

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