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275 Dixon Ave 17,800 SF 97% Leased Office Building Amityville, NY 11701 $5,892,370 CAD ($331.03 CAD/SF) 6.40% Cap Rate
INVESTMENT HIGHLIGHTS
- For Sale: Office Building in Amityville, NY
- Two Tenants have 3.5% Annual Increases in Rent
- Solar Panels on Roof & Additional Renovation Occurred around 2001
- 1 Vacancy (Garage Space) - Provides for a Great Lease-Up Opportunity
- On-Site Parking with 60 Spaces - 48 in Big Lot; 12 in Smaller Lot on Prince Chico
- Close Proximity to Sunrise Hwy
EXECUTIVE SUMMARY
American Investment Properties is exclusively retained to sell the property located at 275 Dixon Ave, Amityville, NY. At this location is an office building that currently has one vacancy. There are increases in rent for some tenants and the property has 60 on-site parking spaces.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
17,800 SF
Building Class
B
Year Built/Renovated
1970/1992
Price
$5,892,370 CAD
Price Per SF
$331.03 CAD
Cap Rate
6.40%
NOI
$376,859 CAD
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
17,800 SF
Building FAR
0.40
Lot Size
1.01 AC
Zoning
Commercial
Parking
60 Spaces (3.37 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 0101-004-00-02-00-005-000 | Improvements Assessment | $23,459 CAD |
| Land Assessment | $3,785 CAD | Total Assessment | $27,244 CAD |
PROPERTY TAXES
Parcel Number
0101-004-00-02-00-005-000
Land Assessment
$3,785 CAD
Improvements Assessment
$23,459 CAD
Total Assessment
$27,244 CAD
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275 Dixon Ave
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