112-21 Farmers Blvd - Storefront Retail/Residential FOR SALE


Saint Albans, NY 11412
$1,099,000 USD
516-507-2736
112-21 Farmers Blvd, Saint Albans, NY for Sale
$1,099,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | 9.68% Cap Rate

112-21 Farmers Blvd
Saint Albans, NY 11412


HIGHLIGHTS

  • High Cap Rate 11.6% High Monthly Cash Flow $10,706
  • Fully Leased 3 Tenants

OVERVIEW

Retail & Residential Mixed Use Building With 11.6% Cap Rate. 3 Units, Fully Rented, High Monthly Cash Flow, ($10,706) Net Operating Income ($128,472 Annual). Pharmacy ground floor, 2 Residential Rental Apts Second Floor. 1 2 Bedroom, 1 3 Bedroom. All Leases Expire 2028. Busy Commercial Location. This Multi Family/Retail Investment Property Has Solid Financials, With Escalating Retail Lease, and Low Expenses. Great Opportunity for All Investors.

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$447 USD /SF

CAP RATE

9.68%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Drug Store, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,848 SF

ZONING

R5B

APN/PARCEL ID

10968-0104

ASK ABOUT THIS PROPERTY

Leticia AlloccaLeticia J. AlloccaMore Info
516-507-2736

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Leticia AlloccaLeticia J. AlloccaMore Info
516-507-2736

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