RETAIL BUILDING FOR SALE 2095 E Jericho Turnpike, East Northport, New York 11731
FOR FURTHER INFORMATION PLEASE CONTACT EXCLUSIVE AGENT: Derek Weinberger, Associate 212-792-2639, 516-965-1709 [email protected]
ALTHOUGH ALL INFORMATION REGARDING PROPERTY FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE SUCH INFORMATION HAS NOT BEEN VERIFIED, AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE IMPLIED AS TO THE ACCURACY THEREOF, AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE. 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PROPERTY SUMMARY Location: 2095 E Jericho Turnpike, East Northport, New York 11731
Section-Block-Lot: 217 – 200 – 88
Acreage : 1.1
Building Size: 6,242
Building Dimensions: 60’ x 100’ + Additional 11’ x 22’
Lot Dimensions: 122’ x 441’
Frontage: 122’ on Jericho Turnpike
Zoning: C-6 (General Business District- first 150’ deep) - and thereafter R-7 (Residence District)
Real Estate Taxes 2015: $40,482
Tenant: Owner operated, will be delivered vacant
Demographics: $145,772 within 3 miles, population of 219,526 within 5 miles
Vehicles Per Day: Approx. 35,000 vehicles per day
Parking: 20 parking spaces, with ability to add more
Highlights: 3 loading docks, drive-in ramp, great frontage on high traffic road, strong retail area
Neighbors: Starbucks, McDonald’s, Bed Bath & Beyond, Best Buy, Ideal Tile, Super Stop & Shop, Barnes & Nobles, The Home Depot, Trader Joe’s, T.J. Max, Savers, Dick’s Sporting Goods, Retro Fitness, AT&T, Taco Bell, Bob’s Stores, Panera Bread, Smash Burger, Chili’s, GNC
Price: $2,300,000
2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PROPERTY MAP
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue RETAIL MAP
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PROPERTY MAP
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue BUILDING DIMENSIONS
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PRO FORMA
REVENUE M Projections SF PRICE/SF RENT/MO. RENT/YR. Retail 1 3,242$ 32 $ 8,645 $ 103,744 Retail 2 3,000$ 32 $ 8,000 $ 96,000 TOTAL REVENUE $ 199,744
Expenses Amount PRICE/SF NET OPERATING INCOME Amount Real Estate Taxes $ 40,482 Revenue $ 199,744 Management 3% $ 5,992 Expenses $ 46,474 TOTAL EXPENSES $ 46,474 NOI $ 153,270
Asking Price $ 2,300,000 Asking Cap 6.66% Price per SF $ 368
2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue SALES COMPS
Address Town Year Price Square Footage Price PSF Tenant
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555 Larkfield East Northport Road November 2012 $7,200,000 14,745 $485 Walgreens
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue LEASING COMPS
AVAILABILITIES
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1912-1960 Jericho Tpke East Northport 15,000 $25
2066 Jericho Tpke East Northport 2,000 $21
1941 Jericho Tpke East Northport
DOUBLE5,000 -CLICK TO SEARCH AND PLACE IMAGE $40 OF YOUR FLOOR PLAN Huntington 1842 Jericho Tpke 1,300 $27
Huntington 1842 Jericho Tpke 1,200 $32
2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PHOTO
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PHOTO
2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PHOTO
2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PHOTO
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue LOADING DOCK & DRIVE IN RAMP
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue TRAFFIC COUNT – VEHICLES PER DAY
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue DEMOGRAPHICS
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue DEMOGRAPHICS
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue DEMOGRAPHICS
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2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue DEMOGRAPHICS
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2095 E Jericho Tpke, East Northport, NY 11731 RETAIL BUILDING FOR SALE
2095 East Jericho Tpke, East Northport, NY 11731
Derek Weinberger, Associate 212.792.2639 [email protected]
WINICK REALTY GROUP LLC– LICENSED REAL ESTATE BROKERS 655 THIRD AVENUE, 17TH FLOOR, NEW YORK, NY 10017 T: 212-792-2600 F: 212-792-2660 WWW.WINICK.COM