8-18 Broadway - Storefront Retail/Office FOR SALE
Malverne, NY 11565 |
$1,925,000 USD
516-393-2300
8-18 Broadway
Malverne, NY 11565
HIGHLIGHTS
- For Sale: Retail & Office Building in Malverne, NY
- Located off of Franklin Ave which has High Traffic Counts
- Within Walking Distance to the Malverne LIRR Train Station
- Located a Half Mile from Several Shops and Restaurants in Malverne such as the Malverne Deli, Connolly Station Pub, Malverne Cinema, & More
- *Please Do Not Speak with the Tenants*
OVERVIEW
At this location is a fully-occupied retail and office building. This property is located off of Franklin Ave which has high traffic counts. The tenants contribute towards the RE taxes, they pay for their own utilities, & most tenants contribute towards the water as well. This is a great investment opportunity that is located within walking distance to the Malverne LIRR train station.
FOR SALE DETAILS
PRICE
$1,925,000 USD
PRICE/SF
$200 USD /SF
CAP RATE
5.99%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1929
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.15 AC
LAND SF
6,534 SF
ZONING
Commercial
APN/PARCEL ID
2027-37-212-00-0424-0
ASK ABOUT THIS PROPERTY
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516-393-2300
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516-393-2300
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