SUFFOLK SHOPPING STRIP
LOCATION: 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): $461,463.00
OPERATING EXPENSES:
Real Estate Tax: $86,739.00
Insurance: $32,522.00
Gas & Electric: $1,878.00
Water: $3,128.00
Rubbish Removal: $5,027.00
Cleaning & Landscaping: $2,655.00
Snow Removal: $2,911.00
Misc. Repairs: $60.00
TOTAL OPERATING EXPENSES: $134,920.00 NET OPERATING INCOME: $326,543.00
PRICE: $5,250,000.00 (6.22% CAP)