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4481-4517 Sunrise Hwy 18,847 SF 57% Leased Retail Building Bohemia, NY 11716 $4,040,644 CAD ($214.39 CAD/SF)
Investment Highlights
- Very high projected cash flow
- Prime corner location at Sunrise Hwy & Sycamore Ave
- Minutes from LIRR, shopping centers, and dense housing
- Very strong foot traffic and visibility
- Over 230 feet of high-visibility frontage
- 55% leased with national tenants including Verizon
Executive Summary
Meridian Capital Group is pleased to present 4481-4505 Sunrise Hwy, a retail strip in Bohemia, NY, offering 18,980 SF of space with 7 retail units (4/7 currently occupied), and significant value-add potential, all located just minutes from major shopping centers, national retailers, schools, parks, residential neighborhoods, and the LIRR.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
18,847 SF
Building Class
B
Year Built
1981
Price
$4,040,644 CAD
Price Per SF
$214.39 CAD
Percent Leased
57%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.92 AC
Zoning
BUS 1 - Commercial
Parking
48 Spaces (2.55 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0500-278-00-01-00-022-001 | Improvements Assessment | $7,533 CAD |
| Land Assessment | $232,166 CAD | Total Assessment | $239,699 CAD |
Property Taxes
Parcel Number
0500-278-00-01-00-022-001
Land Assessment
$232,166 CAD
Improvements Assessment
$7,533 CAD
Total Assessment
$239,699 CAD
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4481-4517 Sunrise Hwy
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