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: $2,300,000 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PROPERTY MAP DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue RETAIL MAP DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PROPERTY MAP DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue BUILDING DIMENSIONS DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue PRO FORMA REVENUE M Projections SF PRICE/SF RENT/MO. RENT/YR. Retail 1 3,242$ 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 DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN 40 Woodbine East Northport Avenue September 2015 $2,800,000 7,760 – 2 floors $360 Cilantro DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 577 Larkfield East Northport Road May 2014 $6,900,000 10,908 $633 Rite Aid 555 Larkfield East Northport Road November 2012 $7,200,000 14,745 $485 Walgreens DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue LEASING COMPS AVAILABILITIES DOUBLE-CLICK TO SEARCH AND PLACE IMAGE OF YOUR FLOOR PLAN Address Town Square Footage Price PSF DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE 1912-1960 Jericho Tpke East Northport DEL1,500ETE THIS TEXT BOX ONCE PHOTO IS PLACED. $30 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 DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 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 DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue LOADING DOCK & DRIVE IN RAMP DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue TRAFFIC COUNT – VEHICLES PER DAY DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue DEMOGRAPHICS DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue DEMOGRAPHICS DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue DEMOGRAPHICS DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 2095 E Jericho Tpke, East Northport, NY 11731 10 Sullivan Street – Corner of Broome Street & Sixth Avenue DEMOGRAPHICS DOUBLE-CLICK ON PICTURE ICON TO PLACE IMAGE OF PROPERTY HERE DELETE THIS TEXT BOX ONCE PHOTO IS PLACED. 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 .