1502 Main St - Freestanding FOR SALE


Port Jefferson, NY 11777
$825,000 USD
917-882-8031
1502 Main St, Port Jefferson, NY for Sale
$825,000 USD
Freestanding - FOR SALE
1/2
null | 6% Cap Rate

1502 Main St
Port Jefferson, NY 11777


HIGHLIGHTS

  • Private driveway with five private parking spots for its owe customers.
  • Can't miss the opportunity to own this money maker.

OVERVIEW

Rare find great potential investment property for sale @ 1502 Main Street Port Jefferson in Suffolk County. The existing dry-cleaning tenant pays $4,456 monthly with 3% yearly increase and three years lease remaining. The tenant pays property tax @ $10,131.76 plus Village Tax @ 1,410.32 and all the utilities. The seller pays building insurance of $3,650 ONLY, nets $49,822 yearly, it generates 6% plus cap.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

C2

APN/PARCEL ID

0207-021-00-04-00-014-000

ASK ABOUT THIS PROPERTY

Yuyi ChengExit Realty ProfessionalsMore Info
917-882-8031

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Yuyi ChengExit Realty ProfessionalsMore Info
917-882-8031

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