1055 Portion Rd - Storefront Retail/Office FOR SALE


Farmingville, NY 11738
$6,950,000 USD
718-663-2642
1055 Portion Rd, Farmingville, NY for Sale
$6,950,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | 10.01% Cap Rate

1055 Portion Rd
Farmingville, NY 11738


HIGHLIGHTS

  • Value-Add Opportunity - Upside in Rents
  • Usable Lower Level - Additional Revenue Opportunity
  • Abundance Parking - 4 Acres of Land
  • 78,000+ AADT

OVERVIEW

Ripco Real Estate is exclusively marketing for sale 1055 Portion Road in Farmingville, NY. The property encompasses two retail/office buildings with a total of 85,260 square feet. The property presents a value-add opportunity with upside in rents and additional rent from the usable lower-level space. The property sits on four acres, providing abundant parking and exposure with 328 FT of frontage. Please contact the exclusive brokers for additional information or to arrange for a property inspection.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

10.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Royal Plaza-West Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

220

LAND DETAILS

LAND ACRES

4.01 AC

LAND SF

174,465 SF

ZONING

C

APN/PARCEL ID

0200-624-00-04-00-008-000

ASK ABOUT THIS PROPERTY

Kevin LouieRipco Real EstateMore Info
718-663-2642

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Kevin LouieRipco Real EstateMore Info
718-663-2642

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.