Listed by Silber Investment Properties Ltd
$880,000
Mixed Use | 217 Sunrise Hwy, Rockville Centre, NY
Details
APN 38 295 34
Property Type Retail, Mixed Use
Sub Type Convenience Store, Storefront
Square Footage 2,100
Units 2
Cap Rate 5.5%
NOI $48,363
Occupancy 100%
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Price per SqFt $419
Year Built 1925
Stories 2
Acreage 0.070
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.90
Investment Type Value Add
Ground Lease No
Fully occupied mixed-used property in the heart of Rockville Centre
Marketing description
Silber Investment Properties is pleased to Exclusively present an opportunity to own a fully occupied, mixed-use property on Sunrise Hwy in Rockville Centre.
Situated in an extremely dense retail/residential corridor, steps from the Rockville Centre LIRR train station, this location provides no shortage of potential customers/tenants.
Please reach out with any questions!
Investment highlights
- Well positioned along Sunrise Highway, one of Nassau County’s most active retail corridors, with over 45k vehicles that pass the property daily.
- Located steps from the LIRR Rockville Centre train station.
- Strong demographics with approximately 25k residents within a 1-mile radius and an average household income of $136k/yr.
Listing Contacts
Listed by Silber Investment Properties Ltd
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,363.00
$4,030.25/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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