Price Reduced 6.59%
Price History
$5,888,000
6/21/2023
$5,500,000
9/18/2023
486 Sunrise Highway, Hempstead, (Rockville Centre), NY, 11570
1972
Calling All Investors, Developers & End-Users!!! 12 Unit 28,500 Sqft. Office Building With Private Parking Lot On Sunrise Hwy. For Sale!!! The Building Features Excellent Signage, Great Exposure, 2 Stories, 28 Parking Spaces In A Private Lot, High 10' Ceilings, All New LED Lighting, Skylight, Sprinklers, 3 Phase Power, CAC+++!!! The Property Is Located In The Heart Of Rockville Centre On Busy Sunrise Hwy Just 6 Blocks From The LIRR Station!!! Neighbors Include Starbucks, Mercedes-Benz, Saab, Volvo, GMC, Kia, Buick, Ups, Verizon, AT&T, TD Bank, P.C. Richard & Son, King Kullen, HomeGoods, CVS, 7-Eleven, Walgreens, Rite Aid, Dunkin', Public Storage, U-Haul, Extra Space Storage, Mobil, Speedway, TGI Friday's, Mattress Firm, Taco Bell, McDonald's, +++!!! This Property Has A Daily Traffic Count Of 43,400+ Vehicles Per Day!!! Up to 16,380 Sqft. Can Be Delivered Vacant To Accommodate An Owner-User!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!! Income: Allied Capital: $144,000 Ann. Fitness Gym: $36,000 Ann. Flower Shop: $96,000 Ann. They Have Separate Electric + Gas. Small Office: $9,600 Ann. Tzelle: $42,000 Ann. Minuteman Press: $105,600 Ann. They Have Separate Electric + Gas. Engineering Company: $ 38,400 Ann. Finance Company: $43,200 Ann. Accounting Company: $15,600 Ann. E-Commerce Company: $24,000 Ann. Suite 102 (3,000 Sqft.): $96,000 Ann. (Available) Suite 203 (3,000 Sqft.): $90,000 Ann. (Available) Utility Charge For All Units $3.25/Sqft.: $65,000 Ann. Expenses: Gas: $13,685 Ann. Electric: $22,183 Ann. Maintenance & Repairs: $1,800 Ann. Insurance: $10,800 Ann. Water: $2,833 Ann. Snow & Landscape: $1,800 Ann. Taxes: $146,841.71 Ann. Total Expenses: $199,942.71 Ann. Gross Income: $605,457.29 Ann. Pro Forma Net Operating Income (NOI): $ 405,515 Ann.
Status:
Pending
Town:
Hempstead
Type:
Commercial
Units:
17
Zoning:
Office Bdg
Heating:
Natural Gas
Levels:
2
Acreage:
0.44
Est. Taxes:
$146,841
Current Use
Office
Days on Market:
195
MLS #:
3486434
Community Info
School Info
Walk Score
Mass Transit
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Listing courtesy of All Island Estates Realty Corp 516-783-5600