RETAIL SHOPPING CENTER
LOCATION: Patchogue, NY 11772
DESCRIPTION: ONE STORY MASONARY & BRICK BUILDING - 8 STORES LOT SIZE: 28,500 SQ. FT.
BUILDING SIZE: 6,500 SQ. FT.
TENANTS PAY: OWN UTILITIES
RENT ROLL (INCLUDES CONTRIBUTIONS): $256,422.00
OPERATING EXPENSES:
Real Estate Tax: $43,126.00
Insurance: $11,101.00
Electric: $903.00
Cleaning: $3,048.00
Landscaping: $1,500.00
Snow Removal: $7,441.00
Misc. Repairs: $782.00
TOTAL OPERATING EXPENSES: $67,901.00
NET OPERATING INCOME: $188,521.00
PRICE: $3,775,000.00 (CAP 5%)
_____________________________________________________________________________
NOTES:
This property is offered subject to omissions, errors, change in price and withdrawal without notice. Inspection of property by appointment only. Do not disturb tenants.