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4481-4517 Sunrise Hwy 18,847 SF 100% Leased Retail Building Bohemia, NY 11716 $4,803,680 CAD ($254.88 CAD/SF) 10.53% Cap Rate
Investment Highlights
- Attractive Basis / Low Price Per Square Foot
- Located Along a High-Traffic Commercial Corridor
- Strong Retail Demand with Leasing Upside Potential
Executive Summary
Curb Capital LLC is pleased to present 4481–4505 Sunrise Highway, a value-add retail strip center located in the heart of Bohemia, NY. Spanning approximately 18,980 square feet, the property consists of seven retail units, with four currently occupied, offering investors immediate in-place income with significant upside through lease-up and repositioning potential.
Strategically positioned along Sunrise Highway with over 230 feet of frontage, the asset benefits from strong visibility, steady traffic counts, and convenient accessibility. The property is surrounded by established residential neighborhoods, major shopping centers, national retailers, schools, parks, and is located just minutes from the LIRR, making it a highly attractive location for a wide range of retail and service-oriented tenants.
This offering presents a rare opportunity to acquire a well-located retail asset with substantial value-add potential in one of Long Island’s most active commercial corridors.
Strategically positioned along Sunrise Highway with over 230 feet of frontage, the asset benefits from strong visibility, steady traffic counts, and convenient accessibility. The property is surrounded by established residential neighborhoods, major shopping centers, national retailers, schools, parks, and is located just minutes from the LIRR, making it a highly attractive location for a wide range of retail and service-oriented tenants.
This offering presents a rare opportunity to acquire a well-located retail asset with substantial value-add potential in one of Long Island’s most active commercial corridors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
18,847 SF
Building Class
B
Year Built
1981
Price
$4,803,680 CAD
Price Per SF
$254.88 CAD
Cap Rate
10.53%
NOI
$505,878 CAD
Percent Leased
100%
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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