Pending

486 Sunrise Highway

Rockville Centre NY, 11570

$5,500,000


$286.97 per sqft

Pending

19,166 sqft

Commercial

Built in 1972

Calling All Investors, Developers & End-Users!!! 12 Unit 28,500 Sqft. Office Building With Private Parking Lot On Sunrise Hwy. For Sale!!! The Building Features Excellent Signage, Great Exposure, 2 Stories, 28 Parking Spaces In A Private Lot, High 10' Ceilings, All New LED Lighting, Skylight, Sprinklers, 3 Phase Power, CAC+++!!! The Property Is Located In The Heart Of Rockville Centre On Busy Sunrise Hwy Just 6 Blocks From The LIRR Station!!! Neighbors Include Starbucks, Mercedes-Benz, Saab, Volvo, GMC, Kia, Buick, Ups, Verizon, AT&T, TD Bank, P.C. Richard & Son, King Kullen, HomeGoods, CVS, 7-Eleven, Walgreens, Rite Aid, Dunkin', Public Storage, U-Haul, Extra Space Storage, Mobil, Speedway, TGI Friday's, Mattress Firm, Taco Bell, McDonald's, +++!!! This Property Has A Daily Traffic Count Of 43,400+ Vehicles Per Day!!! Up to 16,380 Sqft. Can Be Delivered Vacant To Accommodate An Owner-User!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!! Income: Allied Capital: $144,000 Ann. Fitness Gym: $36,000 Ann. Flower Shop: $96,000 Ann. They Have Separate Electric + Gas. Small Office: $9,600 Ann. Tzelle: $42,000 Ann. Minuteman Press: $105,600 Ann. They Have Separate Electric + Gas. Engineering Company: $ 38,400 Ann. Finance Company: $43,200 Ann. Accounting Company: $15,600 Ann. E-Commerce Company: $24,000 Ann. Suite 102 (3,000 Sqft.): $96,000 Ann. (Available) Suite 203 (3,000 Sqft.): $90,000 Ann. (Available) Utility Charge For All Units $3.25/Sqft.: $65,000 Ann. Expenses: Gas: $13,685 Ann. Electric: $22,183 Ann. Maintenance & Repairs: $1,800 Ann. Insurance: $10,800 Ann. Water: $2,833 Ann. Snow & Landscape: $1,800 Ann. Taxes: $146,841.71 Ann. Total Expenses: $199,942.71 Ann. Gross Income: $605,457.29 Ann. Pro Forma Net Operating Income (NOI): $ 405,515 Ann.

3486434

MLS ID

June 21, 2023

Listed

March 3, 2024

Updated

Map

486 Sunrise Highway
Rockville Centre NY, 11570

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.44 Acres

Other Property Details

Taxes

$146,841


Tax Frequency

Annually


Days on Market

195


Garage

No


View

No


County

Nassau


Pool

No

Listing History

Date

Event

Price

1/8/2024

Pending

9/18/2023

Price Change

$5,500,000

-7%

Listed by Richard Matt Shane  with All Island Estates Realty Corp
Listing Contact: 516-783-5600 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tracy Clennon shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:47 AM UTC, 3/3/2024

  

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