4850000.00 $US merrick road long island retail property new york

Published date: November 2, 2020
  • Location: Merrick Road, Long Island, new york, New York, United States

Merrick Rd., Amityville, NY 11701

DESCRIPTION: ONE STORY MASONRY BUILDING – 7 STORES

LOT SIZE: 40,000 Sq. Ft.

BUILDING SIZE: 16,000 Sq. Ft.

TENANTS PAY: OWN WATER, ELECTRIC, & FUEL

ANNUAL RENT ROLL (including contributions): $437,537.00

OPERATING EXPENSES:

Real Estate Tax: $81,589.00 Insurance: $20,934.00 Gas & Electric: $2,747.00 Water: $4,343.00 Cleaning: $2,024.00 Rubbish Removal: $4,745.00 Misc. Repairs: $701.00

TOTAL OPERATING EXPENSES: $117,083.00

NET OPERATING INCOME: $320,454.00



PRICE: $4,850,000.00 (6.61%)




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