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Professional Office at 105/Wantagh Ave 1228 Wantagh Ave 18,450 SF 100% Leased Office Building Wantagh, NY 11793 $6,972,621 CAD ($377.92 CAD/SF) 7.10% Cap Rate
INVESTMENT HIGHLIGHTS
- Well-Maintained Professional Office Building with Ample Parking
- Ideal Location for Professional Uses - Easily Accessible and Close to Neighborhood Necessities
- Heavy Daytime Traffic
EXECUTIVE SUMMARY
Well-Maintained Professional Office Building with Ample Parking
Prime Location
Located at the intersection of Jerusalem (105) and Wantagh Avenue, offering excellent visibility with over 30,000 vehicles passing daily on average (AADT). The property has approximately 150 feet of frontage along Wantagh Avenue.
Easy Access
Within less than one mile from Wantagh State Parkway, Southern State Parkway, and Route 135.
Busy Intersection
Surrounded by several major shopping centers including Willow Woods Shoppes (ranked in the top 5% in New York for visitor numbers), Cherrywood Shopping Center, and Wantagh Woods Plaza, featuring popular local and chain stores like Smashburger, Chipotle, Chase Bank, Petco, Taco Bell, Umberto’s Restaurant, Iavarone Brothers, among others.
Prime Location
Located at the intersection of Jerusalem (105) and Wantagh Avenue, offering excellent visibility with over 30,000 vehicles passing daily on average (AADT). The property has approximately 150 feet of frontage along Wantagh Avenue.
Easy Access
Within less than one mile from Wantagh State Parkway, Southern State Parkway, and Route 135.
Busy Intersection
Surrounded by several major shopping centers including Willow Woods Shoppes (ranked in the top 5% in New York for visitor numbers), Cherrywood Shopping Center, and Wantagh Woods Plaza, featuring popular local and chain stores like Smashburger, Chipotle, Chase Bank, Petco, Taco Bell, Umberto’s Restaurant, Iavarone Brothers, among others.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,450 SF
Building Class
B
Year Built
1970
Price
$6,972,621 CAD
Price Per SF
$377.92 CAD
Cap Rate
7.10%
NOI
$495,056 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,225 SF
Slab To Slab
10’
Building FAR
0.51
Lot Size
0.83 AC
Zoning
Business District (X)
Parking
53 Spaces (2.87 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $564 CAD | |
| Land Assessment | $42,168 CAD | Total Assessment | $42,731 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$42,168 CAD
Improvements Assessment
$564 CAD
Total Assessment
$42,731 CAD
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Professional Office at 105/Wantagh Ave | 1228 Wantagh Ave
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