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191 Forest Ave 4,899 SF Vacant Retail Building Locust Valley, NY 11560 $1,849,108 CAD ($377.45 CAD/SF)
Investment Highlights
- Heavy Vehicular Traffic
- Walking Distance to LIRR
- Corner Lot
- Heavy Foot Traffic
- Walking Distance to Golf Course
- Designated Parking
Executive Summary
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$164,124
|
$39.08
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$164,124
|
$39.08
|
| Taxes |
$24,666
|
$5.87
|
| Operating Expenses |
$12,679
|
$3.02
|
| Total Expenses |
$37,345
|
$8.89
|
| Net Operating Income |
$126,779
|
$30.19
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $164,124 |
| Annual Per SF | $39.08 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $164,124 |
| Annual Per SF | $39.08 |
| Taxes (CAD) | |
|---|---|
| Annual | $24,666 |
| Annual Per SF | $5.87 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,679 |
| Annual Per SF | $3.02 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $37,345 |
| Annual Per SF | $8.89 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $126,779 |
| Annual Per SF | $30.19 |
Property Facts
Amenities
- Conferencing Facility
- Corner Lot
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Located at 191 Forest Avenue, Locust Valley, NY 11560, this lower-level office suite offers a private entrance on the ground floor at the rear of the building, secured by a key code for added safety. The unit is thoughtfully designed with central HVAC, a private restroom, and windows that provide natural light, creating a comfortable and functional workspace. Situated on a prominent corner lot, the building offers designated parking and easy access to nearby municipal parking lots. Just steps away from the Locust Valley LIRR station, this location ensures seamless commuting along the Oyster Bay Branch to and from New York City. Additional transportation options include Nassau Inter-County Express (NICE) bus routes, connecting the area to nearby communities. The property is surrounded by an array of local amenities, including dining, shopping, and professional services, making it an ideal choice for businesses seeking convenience and visibility in a vibrant neighborhood.
- 2A
- 800 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| Basement | 500 SF | Office | - | Now |
| 2A | 800 SF | Office | - | Now |
Basement
| Size |
| 500 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
2A
| Size |
| 800 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
Basement
| Size | 500 SF |
| Space Use | Office |
| Position | - |
| Available | Now |
Located at 191 Forest Avenue, Locust Valley, NY 11560, this lower-level office suite offers a private entrance on the ground floor at the rear of the building, secured by a key code for added safety. The unit is thoughtfully designed with central HVAC, a private restroom, and windows that provide natural light, creating a comfortable and functional workspace. Situated on a prominent corner lot, the building offers designated parking and easy access to nearby municipal parking lots. Just steps away from the Locust Valley LIRR station, this location ensures seamless commuting along the Oyster Bay Branch to and from New York City. Additional transportation options include Nassau Inter-County Express (NICE) bus routes, connecting the area to nearby communities. The property is surrounded by an array of local amenities, including dining, shopping, and professional services, making it an ideal choice for businesses seeking convenience and visibility in a vibrant neighborhood.
Nearby Major Retailers
Property Taxes
| Parcel Number | 2489-23-020-00-0055-0 | Total Assessment | $8,261 CAD |
| Land Assessment | $2,934 CAD | Annual Taxes | $24,666 CAD ($5.04 CAD/SF) |
| Improvements Assessment | $5,327 CAD | Tax Year | 2025 |
Property Taxes
Presented by
191 Forest Ave
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