269 E Main St - Health Club FOR SALE


East Islip, NY 11730
$8,000,000 USD
516-680-6832
269 E Main St, East Islip, NY for Sale
$8,000,000 USD
Health Club - FOR SALE
1/12
null | 6.41% Cap Rate

269 E Main St
East Islip, NY 11730


HIGHLIGHTS

  • Two-Tenant Net Leases
  • Significant Term and Annual Increases
  • Meticulously Renovated and Very Low Management
  • Recent Clean Phase I and Clean Property Condition Report

OVERVIEW

Schuckman Realty Investment Sales Exclusive Listing -SELLER FINANCING AVAILABLE for a quick close. Call for details. -Recent Clean Property Condition Report and Clean Phase I. -Beautifully Renovated, Two-Tenant, Low Management Investment Asset. -Annual increases and lots of term on the two leases. -Tenants pay 100% taxes and insurance. -Two separate entrances and parking lots for each tenant, in addition to parking easements granting tenants, patients, and customers access to overflow parking on neighboring lots. -Newly warrantied Roof - New HVAC systems which tenants maintain.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/SF

$340 USD /SF

CAP RATE

6.41%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stony Brook Medicine - FitLife Gym

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Health Club

ADD'L SUBTYPES

Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

BD

APN/PARCEL ID

0500-347-00-03-00-050-017

ASK ABOUT THIS PROPERTY

Matthew ColantonioSchuckman Realty, Inc.More Info
516-680-6832

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Matthew ColantonioSchuckman Realty, Inc.More Info
516-680-6832

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