Brian D Lee - Commercial Real Estate Showcase

Brian D Lee Property Listings
Newmark Grubb Knight Frank
290-300 Broadhollow Rd
Suite 103E
Melville, NY 11747-4801
(631) 673-0888
(631) 673-0830

CoStar Group Power Broker Award Recipient  
275 South Street

Oyster Bay, NY 11771-2911 - Northern Nassau Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2005
Building Size:3,400 SF Land Area:.27 AC (11,935 SF)
For Sale Price:$3,200,000 Price/SF:$941.18
Cap Rate:4.75 %
Parking:25 Surface spaces are available; Ratio of 7.32/1,000 SF

Sale Notes:
Net Leased HSBC Retail Bank Branch recently renewed for additional five (5) year term commencing 10/1/16 upon expiration of initial ten (10) year lease term expiring 9/30/16
Property is located at the intersection of South Street and Burtis Avenue, a heavily trafficked (10,000 VPD)commercial intersection of the affluent Oyster Bay community (Median housing value within 3 miles exceeds $800,000).

Newmark Grubb Knight Frank
Brian D Lee
(631) 673-0888

Newmark Grubb Knight Frank
Ken Zakin
(212) 372-2054

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