General
Property title USA Retail Property for Sale 004
Category Sold
Agent Garth Wilson
Status SOLD
Is Feature No
Price $   10 400 000
Address
Address
Postcode
City Lynbrook
Country United States
State/Province
New York
Other information
Small description Six-story elevator office and retail building. Ground floor retail; Offices from 2nd to 6th floors.

Excellent frontage on Highway (traffic count of about 46K vehicles per day)

Strong mix of local professional tenants (accounting, law, real estate, and insurance)

Value-Added Opportunity: Converting to NNN leases, and raising rents. The property's rents are significantly below market

Recent Capital Improvements: new elevator and lobby with recent renovations to Stucco fa├žade, air conditioning and heating

Located in the center of shopping district.
Agent information
Agent Photo
Name Garth Wilson
+27 21 783 5833
+27 82 576 1995
garth-wilson
Information
Property ID: 73
Hits: 1132
Created: 2013-04-14
Summary
Sub-Type Retail & Office Complex
GLA 58 491 sqft
Land Size 1.68 Acres
Yield 10.00%
NOI cUS$1 040 000
Property Photos
Retail & Office Building for Sale