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107 S Central Ave 8,030 SF 66% Leased Office Building Valley Stream, NY 11580 $4,059,217 CAD ($505.51 CAD/SF) 5.35% Cap Rate
Investment Highlights
- For Sale: Office Building in Valley Stream, NY
- Located Within 0.5 Mile of the Valley Stream LIRR Train Station
- There are Currently 2 Vacant Spaces on the Lower Level which the Owner Intends to Leaseback Upon Sale
- High Traffic Counts on S Central Ave of 22,844 Cars Per Day
Executive Summary
American Investment Properties is retained to sell the property located at 107 S Central Ave, Valley Stream. At this location is an office building with 2 current vacancies. This property is located within 0.5 mile of the Valley Stream LIRR train station and is located near several other neighborhood amenities.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
8,030 SF
Building Class
C
Year Built
1960
Price
$4,059,217 CAD
Price Per SF
$505.51 CAD
Cap Rate
5.35%
NOI
$217,119 CAD
Percent Leased
66%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Slab To Slab
10’
Building FAR
0.97
Lot Size
0.19 AC
Zoning
Commercial
Parking
6 Spaces (4 Spaces per 1,000 SF Leased)
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2035-37-342-00-0114-0 | Improvements Assessment | $7,027 CAD |
| Land Assessment | $1,848 CAD | Total Assessment | $8,874 CAD |
Property Taxes
Parcel Number
2035-37-342-00-0114-0
Land Assessment
$1,848 CAD
Improvements Assessment
$7,027 CAD
Total Assessment
$8,874 CAD
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107 S Central Ave
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