4481/4489 Sunrise Highway

Bohemia, NY 11716

About this property

Calling All Investors, Developers & End-Users!!! 12.02 Cap 8 Unit 18,000+ Sqft. Shopping Center With 2 National Tenants For Sale!!! The Property Is Located In The Heart Of Bohemia Minutes From The Oakdale LIRR Station!!! The Building Features Excellent Signage, Great Exposure, Strong Commercial Business Zoning, 48 Parking Spaces, High 14' Ceilings, All New LED Lighting, 3 Phase Power, CAC, +++!!! The Property Has 385+ Feet Of Frontage On Sunrise Hwy.!!! The Property Has A Daily Traffic Count Of 151,700+ Vehicles Per Day!!! Neighbors Include Starbucks, Hilton Hotels, Chase Bank, Toyota, Kia, Costco, The Home Depot, Target, Stop & Shop, Best Buy, Kohl's, CubeSmart Self Storage, Walgreens, CVS, Panera Bread, Marshall's, Valero, BP Gas, Dollar Tree, Burger King, Lidl, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!! Income: Suite 1: T-Mobile (2,500 Sqft.): $79,350 Ann. Lease Exp.: 7/31/2024. Suite 1A: D & B Beer & Smoke (1, 990 Sqft.): $33,093.70 Ann. Lease Exp.: 9/30/2030. Suite 2 (3,990 Sqft.): $111,720 Ann. (Available) Suite 3: SalonCentric (3,150 Sqft.): $71,631 Ann.: Lease Exp.: 9/30/2023. Suite 4 (1,995 Sqft.): $55,860 Ann. (Available) Suite 5: Verizon Wireless (1,365 Sqft.): $65,779.35 Ann. Lease Exp.: 4/30/2025. Suite 6: Brazilian Jiu-Jitsu (3,990 Sqft.): $63,600.60 Ann. Lease Exp.: 8/31/2032. Expenses: Gas: $5,400 Ann. Electric: $4,200 Ann. Water: $2,000 Ann. Trash: $3,180 Ann. Insurance: $8,200 Ann. Taxes: $50,790 Ann. Total Income: $481,034.65 Ann. Total Expenses: $73,770 Ann. Net Operating Income (NOI): $407,264.65 Ann. (Pro Forma 12.02 Cap!!!)

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$3,388,000 Active

Presented By Smitchger Realty

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All Island Estates Realty Corp

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Listed By Richard Matt Shane
Brokerage: All Island Estates Realty Corp

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