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499 Lake Ave 1,500 SF Retail Building Saint James, NY 11780 $861,242 CAD ($574.16 CAD/SF) 7.03% Cap Rate
Investment Highlights
- The Realty tenant has recently renovated the space and would like a long lease
- Strong demographics with over 166,000 people within a 5 mile radius
- Fully leased mixed use property
Executive Summary
Silber Investment Properties is pleased to exclusively represent 499 Lake Ave, St James. The property is fully leased and has private parking. If you have any questions please call me at 516 732 7079.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,500 SF
Building Class
C
Year Built
1945
Price
$861,242 CAD
Price Per SF
$574.16 CAD
Cap Rate
7.03%
NOI
$60,560 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.08 AC
Parking
8 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
40’ on Lake Ave
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 0800-056-00-02-00-004-000 | Improvements Assessment | $6,535 CAD |
| Land Assessment | $1,025 CAD | Total Assessment | $7,561 CAD |
Property Taxes
Parcel Number
0800-056-00-02-00-004-000
Land Assessment
$1,025 CAD
Improvements Assessment
$6,535 CAD
Total Assessment
$7,561 CAD
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499 Lake Ave
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