For Sale
$1,749,000
1817 Deer Park Ave Deer Park, NY 11729
Two buildings, high NOI, strong cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,749,000 asking price for a stabilized, mixed-use portfolio of two buildings.
- 6,141 square feet total, with a 6.46% cap rate (7.54% pro-forma).
- Eight total units (four apartments, one retail space, one office space, and two additional apartments) across two buildings.
- 100% occupancy with a current NOI of $113,047 and a pro-forma NOI of $131,827.
- Located at 1817 and 1819 Deer Park Ave, Deer Park, NY, on an 8,000 sq ft lot with 11 total parking spaces.
- Features 3% annual rent bumps and a broker co-op.
Property Details for 1817 Deer Park Ave
- Property type
- Retail properties, Office properties
- Square Feet
- 6,141 SF
- Class
- C
- Buildings
- 2
- Stories
- 2
- Units
- 8
Location Insight
- City
- Deer Park
- County
- Suffolk
- State
- New York
- Latitude
- 40.7582586
- Longitude
- -73.3275186
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Two buildings, high NOI, strong cap rate.
- Where is the retail property located?
- The property is located at 1817 Deer Park Ave Deer Park, NY.
- What is the asking price?
- The asking price for this property is $1,749,000.
- What are key features of this property?
- This property features: $1,749,000 asking price for a stabilized, mixed-use portfolio of two buildings.; 6,141 square feet total, with a 6.46% cap rate (7.54% pro-forma).; Eight total units (four apartments, one retail space, one office space, and two additional apartments) across two buildings.
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