SUFFOLK STRIP CENTER
LOCATION: Huntington, NY 11743 DESCRIPTION: ONE STORY BUILDING PLUS 3 STORY BUILDING LOT SIZE: 24,700 SQ. FT. with adjacent municipal parking lot BUILDING SIZE: 26,389 SQ. FT.
RENT ROLL (INCLUDES CONTRIBUTIONS): $959,261.00
OPERATING EXPENSES:
Real Estate Tax: $110,846.00
Insurance: $65,458.00
Water & Sewer: $5,342.00
Cleaning: $1,640.00
Exterminating: $310.00
Fire Alarm: $1,229.00
Misc. Repairs: $544.00
TOTAL OPERATING EXPENSES: $185,369.00 NET OPERATING INCOME: $773,892.00
PRICE: $16,250,000.00
_____________________________________________________________________________
NOTES:
Inspection of property by appointment only. Do not disturb tenants.
+++++++++++++++++++
SHOPPING CENTER
LOCATION: Hauppauge, NY 11788 DESCRIPTION: 1 Story Masonry Building - 13 Stores
LOT SIZE: 6 Acres (261,360 Sq. Ft.)
BUILDING SIZE: 53,040 Sq. Ft.
TENANTS PAY: Electric, Fuel & Water
ANNUAL RENT ROLL (includes contributions): $1,084,299.00
OPERATING EXPENSES:
Real Estate Tax: $171,231.00
Insurance: $88,000.00
Electric: $9,503.00
Water: $5,532.00
Rubbish Removal: $24,175.00
Cleaning: $14,927
Landscaping: $7,859
Exterminating: $783.00
Snow Removal: $4,340.00
Misc. Repairs: $2,159.00
Ground Lease: $150,874.00
TOTAL OPERATING EXPENSES: $479,383.00 NET OPERATING INCOME: $604,916.00
PRICE: $7,900,000.00 (CAP 7.66%)
_____________________________________________________________________________ NOTES:
RENT ROLL AVAILABLE ON REQUEST.
INSPECTION OF PROPERTY BY APPOINTMENT ONLY.
DO NOT DISTURB TENANTS
SUFFOLK STRIP CENTER
LOCATION: Huntington, NY 11743 DESCRIPTION: ONE STORY BUILDING PLUS 3 STORY BUILDING LOT SIZE: 24,700 SQ. FT. with adjacent municipal parking lot BUILDING SIZE: 26,389 SQ. FT.
RENT ROLL (INCLUDES CONTRIBUTIONS): $959,261.00
OPERATING EXPENSES:
Real Estate Tax: $110,846.00
Insurance: $65,458.00
Water & Sewer: $5,342.00
Cleaning: $1,640.00
Exterminating: $310.00
Fire Alarm: $1,229.00
Misc. Repairs: $544.00
TOTAL OPERATING EXPENSES: $185,369.00 NET OPERATING INCOME: $773,892.00
PRICE: $16,250,000.00
_____________________________________________________________________________
NOTES:
Inspection of property by appointment only. Do not disturb tenants.
+++++++++++++++++++
SHOPPING CENTER
LOCATION: Hauppauge, NY 11788 DESCRIPTION: 1 Story Masonry Building - 13 Stores
LOT SIZE: 6 Acres (261,360 Sq. Ft.)
BUILDING SIZE: 53,040 Sq. Ft.
TENANTS PAY: Electric, Fuel & Water
ANNUAL RENT ROLL (includes contributions): $1,084,299.00
OPERATING EXPENSES:
Real Estate Tax: $171,231.00
Insurance: $88,000.00
Electric: $9,503.00
Water: $5,532.00
Rubbish Removal: $24,175.00
Cleaning: $14,927
Landscaping: $7,859
Exterminating: $783.00
Snow Removal: $4,340.00
Misc. Repairs: $2,159.00
Ground Lease: $150,874.00
TOTAL OPERATING EXPENSES: $479,383.00 NET OPERATING INCOME: $604,916.00
PRICE: $7,900,000.00 (CAP 7.66%)
_____________________________________________________________________________ NOTES:
RENT ROLL AVAILABLE ON REQUEST.
INSPECTION OF PROPERTY BY APPOINTMENT ONLY.
DO NOT DISTURB TENANTS
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