200-212 Sunrise Hwy - Storefront Retail/Residential FOR SALE


Rockville Centre, NY 11570
$6,495,000 USD
516-343-6964
200-212 Sunrise Hwy, Rockville Centre, NY for Sale
$6,495,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | 7.16% Cap Rate

200-212 Sunrise Hwy
Rockville Centre, NY 11570


HIGHLIGHTS

  • Gross Rent $665,820 ($465K Net)
  • Below Market Rents with Pro-Forma NOI $522,146
  • Prime Corner Mixed-Use Building in Downtown Rockville Centre
  • 100% Fully Occupied with 18 Units

OVERVIEW

North Village Realty is exclusively representing the sale of 200-212 Sunrise Highway, Rockville Centre, NY 11570. This prime mixed-use property is fully-occupied and features 8 two bedroom residential apartments and 10 commercial units. The ground-floor restaurant has been a long-standing tenant and recently invested over $250,000 in capital improvements. With below-market rents, the property presents an exceptional opportunity for a new owner to unlock additional value. Situated in the heart of the rapidly growing downtown Rockville Centre, this corner location boasts high visibility with a signalized traffic light and over 40,797 vehicles passing daily. For more details or to receive the marketing brochure, please contact Tom Bigansky at 516-343-6964 or via email at thomas@northvillagerealty.com.

FOR SALE DETAILS

PRICE

$6,495,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

Business A

APN/PARCEL ID

2029-38-318-00-0343-0

ASK ABOUT THIS PROPERTY

Thomas BiganskyNorth Village Realty LLCMore Info
516-343-6964

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Thomas BiganskyNorth Village Realty LLCMore Info
516-343-6964

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.