MODERN SHOPPING CENTER FOR SALE
LOCATION: Ridge, NY 11961
DESCRIPTION: One Story Masonry Building - 4 Stores
LOT SIZE: 0.58 Acres
BUILDING SIZE: 4,051 Sq. Ft.
TENANTS PAY: ALL UTILITIES AND TAXES.
ANNUAL RENT ROLL (includes contributions): $135,969.00
OPERATING EXPENSES:
Real Estate Taxes: $21,999.00
Insurance: $8,324.00
Electric & Gas: $2,506.00
Water: $726.00
Cleaning: $2,856.00
Landscaping: $2,335.00
Snow Removal: $5,638.00
Misc. Repairs: $1,324.00
TOTAL OPERATING EXPENSES: $45,708.00 NET OPERATING INCOME: $90,261.00
PRICE: $1,900,000.00 (4.75% CAP)
_____________________________________________________________________________ NOTES:
INSPECTION OF PROPERTY BY APPOINTMENT ONLY
DO NOT DISTURB TENANTS