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275 Dixon Ave 17,800 SF 97% Leased Office Building Amityville, NY 11701 $5,508,623 CAD ($309.47 CAD/SF) 6.80% 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
$5,508,623 CAD
Price Per SF
$309.47 CAD
Cap Rate
6.80%
NOI
$374,429 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
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $27,454 CAD | |
| Land Assessment | $4,022 CAD | Total Assessment | $31,476 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$4,022 CAD
Improvements Assessment
$27,454 CAD
Total Assessment
$31,476 CAD
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275 Dixon Ave
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