486 Sunrise Hwy - Office FOR SALE


Rockville Centre, NY 11570
$5,500,000 USD
516-279-8828
486 Sunrise Hwy, Rockville Centre, NY for Sale
$5,500,000 USD
Office - FOR SALE
1/1
null | 7.37% Cap Rate

486 Sunrise Hwy
Rockville Centre, NY 11570


HIGHLIGHTS

  • Calling All Investors, Developers & End-Users!!! 12 Unit 28,500 Sqft. Office Building With Private Parking Lot On Sunrise Hwy. For Sale!!!
  • The Building Features Excellent Signage, Great Exposure, 2 Stories, 28 Parking Spaces In A Private Lot, High 10’ Ceilings, Skylight, Sprinklers, +++!!
  • The Property Is Located In The Heart Of Rockville Centre On Busy Sunrise Hwy Just 6 Blocks From The LIRR Station!!!
  • Neighbors Include Starbucks, Mercedes-Benz, Saab, Volvo, GMC, Kia, Buick, Ups, Verizon, AT&T, TD Bank, P.C. Richard & Son, King Kullen, HomeGoods, ++!
  • This Property Has A Daily Traffic Count Of 43,400+ Vehicles Per Day!!! Up to 16,380 Sqft. Can Be Delivered Vacant To Accommodate An Owner-User!!!
  • This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!!

OVERVIEW

Calling All Investors, Developers & End-Users!!! 12 Unit 28,500 Sqft. Office Building With Private Parking Lot On Sunrise Hwy. For Sale!!! The Building Features Excellent Signage, Great Exposure, Strong Business-A Zoning, 28 Parking Spaces In A Private Lot, High 10’ Ceilings, All New LED Lighting, Skylight, Sprinklers, 3 Phase Power, CAC+++!!! The Property Is Located In The Heart Of Rockville Centre On Busy Sunrise Hwy Just 6 Blocks From The LIRR Station!!! Neighbors Include Starbucks, Mercedes-Benz, Saab, Volvo, GMC, Kia, Buick, UPS, Verizon, AT&T, TD Bank, P.C. Richard & Son, King Kullen, HomeGoods, CVS, 7-Eleven, Walgreens, Rite Aid, Dunkin’, Public Storage, U-Haul, Extra Space Storage, Mobil, Speedway, TGI Friday’s, Mattress Firm, Taco Bell, McDonald’s, +++!!! This Property Has A Daily Traffic Count Of 43,400+ Vehicles Per Day!!! Up to 16,380 Sqft. Can Be Made Available To Accommodate An Owner-User!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!! Income: Allied Capital: $144,000 Ann. Fitness Gym: $36,000 Ann. Flower Shop: $96,000 Ann. They Have Separate Electric + Gas. Small Office: $9,600 Ann. Tzelle: $42,000 Ann. Minuteman Press: $105,600 Ann. They Have Separate Electric + Gas. Engineering Company: $ 38,400 Ann. Finance Company: $43,200 Ann. Accounting Company: $15,600 Ann. E-Commerce Company: $24,000 Ann. Suite 102 (3,000 Sqft.): $96,000 Ann. (Available) Suite 203 (3,000 Sqft.): $90,000 Ann. (Available) Utility Charge For All Units $3.25/Sqft.: $65,000 Ann. Expenses: Gas: $13,685 Ann. Electric: $22,183 Ann. Maintenance & Repairs: $1,800 Ann. Insurance: $10,800 Ann. Water: $2,833 Ann. Snow & Landscape: $1,800 Ann. Taxes: $146,841.71 Ann. Total Expenses: $199,942.71 Ann. Gross Income: $605,457.29 Ann. Pro Forma Net Operating Income (NOI): $405,515 Ann.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

7.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sceptre Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

Comm

APN/PARCEL ID

2029-38-308-00-0007-0,2029-38-308-00-0038-0

ASK ABOUT THIS PROPERTY

Matthew ShaneAll Island CommercialMore Info
516-279-8828

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Matthew ShaneAll Island CommercialMore Info
516-279-8828

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