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419-437 Hawkins Ave 12,476 SF 100% Leased Retail Building Ronkonkoma, NY 11779 $4,787,439 CAD ($383.73 CAD/SF) 7.14% Cap Rate
Investment Highlights
- For Sale: Storefront Retail Strip in Ronkonkoma, NY
- Located Close to Portion Rd and Several Other Neighborhood Retail Spaces
- The 51, 52A, and 52B Bus Lines Run Directly in Front of the Property
- One Vacancy - Provides for a Great Lease-Up Opportunity
- Located 1.4 Miles from the Ronkonkoma LIRR Train Station
Executive Summary
American Investment Properties is retained to sell the property located at 419-437 Hawkins Ave, Ronkonkoma, NY. At this location is a storefront retail strip of several tenants. There is currently one vacancy which provides for a great lease-up opportunity. This property is surrounded by various other neighborhood retail spaces and is located a short distance from the Long Island Expy and the Ronkonkoma LIRR train station.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
12,476 SF
Building Class
C
Year Built/Renovated
1950/2023
Price
$4,787,439 CAD
Price Per SF
$383.73 CAD
Cap Rate
7.14%
NOI
$341,645 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.37 AC
Zoning
J6 - Commercial J6
Parking
70 Spaces (5.61 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0200-689-00-01-00-007-000 | Improvements Assessment | $9,689 CAD |
| Land Assessment | $4,152 CAD | Total Assessment | $13,841 CAD |
Property Taxes
Parcel Number
0200-689-00-01-00-007-000
Land Assessment
$4,152 CAD
Improvements Assessment
$9,689 CAD
Total Assessment
$13,841 CAD
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419-437 Hawkins Ave
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