LOCATION:
Massapequa, NY 11758
DESCRIPTION: ONE-STORY MASONRY
BUILDING - 6 Stores
BUILDING SIZE: 7,160 Sq. Ft.
LOT SIZE: 15,802 Sq. Ft.
TENANTS PAY: OWN UTILITIES
ANNUAL RENT ROLL (including contributions): $284,296.00
OPERATING EXPENSES:
Real Estate Tax: $59,325.00
Insurance: $15,591.00
Water & Sewer: $2,508.00
Cleaning: $1,540.00
Snow Removal: $837.50
TOTAL OPERATING EXPENSES: $79,801.50 NET OPERATING INCOME: $204,494.50
PRICE: $3,950,000. 00 (5.18% CAP)
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NOTES: Inspection of property by appointment only