820-828 S Main Street, Farmingdale, NY 11735

Nassau County, Farmingdale, New York 11735

$1,350,000  

Listing ID Number

24207

Property Description

Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of 820-828 S. Main Street, a four-unit retail shopping center on the corner of S. Main Street and Intervale Avenue in Farmingdale, Long Island.

The property is currently fully-leased including two long-standing tenants: G&L Bagels and Dr. Wooster. The remaining are tenants include LBD furniture restoration, a beauty salon, and Statement Vapor Corp, all of which have put substantial tenant improvement into their spaces.
All tenants pay their own utilities, as well as a portion of the common area maintenance including garbage removal and snow removal, and also a portion of the real estate taxes for the center.

Recent improvements include new HVAC, new parking lot, new roof, and installment of separate meters. The shopping center has three separate curb cuts for ways of ingress and egress, and is located at a four-way caution light intersection. The center provides ample parking for +/- 12 cars on-site. Additional parking is available off-street.

820-828 S. Main Street is located ideally for retail as it enjoys high average daily traffic counts of over 16,000 cars per day. Conveniently located in proximity to multiple main thoroughfares including Route 110 (Broadhollow Road) less than a mile south, Hempstead Turnpike one mile north, and the Southern State and Bethpage State Parkways.

Please do not disturb tenants. Property inspections are arranged by appointment only.

Overview

Building Type:Commercial Buildings

Documents

Contact

For further information or inspection, please contact Exclusive Agents:

Stephen R. Preuss
Senior Managing Director
(718) 512 2118
stephen.preuss@cushwake.com

Benjamin Efraimov
Director
(718) 512 2608
benjamin.efraimov@cushwake.com


Property Images

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Property Map


Aerial View


The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.