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MANHASSET LONG ISLAND NEW YORK
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74 Pleasant Street, Monticello, NY, 12701 $1,350,000

Retail Commercial  

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Details ML#: H6315843  

  • # of Families: 2
  • Sale or Rent:Sale
  • Year Built: 1980
  • Taxes: $27,535
  • Status:Active

Description

Unbeatable Investment offering! Great tenant, Napa Auto and Truck Parts, with 10 years left on the lease (two 5 year options), annual increases, and has been there for 5 years. Building is well-maintained and in good condition with three-phase electric on .63 +/- acres. Plenty of paved parking, overhead door and full finished lower level with loading dock. Location is amazing in the heart of busy Monticello near Walmart, Home Depot, ShopRite, Old Navy, Marshalls, Rite Aid, food franchises, banks, gas stations, and more. Beer World is across the street. High traffic area and high visibility close to exit ramps for NYS Rt 17 / I-86. Also offered with two other stores if you are seeking an investment bundle. Tenants pay utilities, minor repairs, water and sewer and insurance on contents. Landlord pays taxes, building insurance and major repairs only. Cap rate on this one is 7%, the other two are at 9.7% and 10%!

More Property Details

Property Features

Lot Size: 0.63   Parking Spaces: Yes   Parking Facilities: Parking Lot  

Appliances & Utilities

Heat: Forced Air, Oil   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $27,535  

Local Area Information

School District: Monticello  

Listing Information provided courtesy of Malek Properties  845-583-6333
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OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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