Steven Epstein 6314211000

70 S Main St 5,000 SF Office Condo Unit Offered at $1,450,000 in Freeport, NY 11520

PROPERTY FACTS

Price	$1,450,000	Building Class	B
Unit Size	5,000 SF	Floors	4
No. Units	1	Typical Floor Size	3,198 SF
Total Building Size	5,000 SF	Year Built	2005
Property Type	Retail (Condo)	Lot Size	0.16 AC
Property Subtype	Storefront Retail/Residential	Parking Ratio	2/1,000 SF
Sale Type	Investment

Price	$1,450,000
Unit Size	5,000 SF
No. Units	1
Total Building Size	5,000 SF
Property Type	Retail (Condo)
Property Subtype	Storefront Retail/Residential
Sale Type	Investment
Building Class	B
Floors	4
Typical Floor Size	3,198 SF
Year Built	2005
Lot Size	0.16 AC
Parking Ratio	2/1,000 SF

1 UNIT AVAILABLE

Unit 1

Unit Size	5,000 SF	Sale Type	Investment
Price	$1,450,000	Cap Rate	5.50%
Price Per SF	$290.00	NOI	$79,700
Condo Use	Office

Unit Size	5,000 SF
Price	$1,450,000
Price Per SF	$290.00
Condo Use	Office
Sale Type	Investment
Cap Rate	5.50%
NOI	$79,700

SALE NOTES

High ceilings and three walls of windows, leased through May 2021 to Corporation of the
Presiding Bishop of the Church of Jesus Christ of Latter Day Saints, a Utah Corp., paved walkway
from municipal parking lot in rear to Main Street, abundant parking, walking distance to LIRR,
located between Sunrise Hwy & Merrick Rd. Prime State-Of-The-Art new construction.
Total Income: $139,700
Expenses: $60,000
NOI: $79,700
CAP Rate: 6.4%

Brochure

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
S Main St	Newton Blvd, NW	4,492	2022	0.02 mi
Church St	Pine St, NW	4,041	2022	0.05 mi
E Merrick Rd	Henry St, E	22,999	2022	0.11 mi
Henry St	Sunrise Hwy, SE	18,921	2022	0.11 mi
Church Street	Pine St, NW	3,760	2018	0.11 mi
Henry Street	Sunrise Hwy, SE	13,963	2018	0.12 mi
North Main Street	Church St, NW	6,915	2018	0.12 mi
W Merrick Rd	Guy Lombardo Ave, W	23,561	2022	0.13 mi
N Main St	Freeport Plz E, NW	6,628	2017	0.13 mi
N Main St	Church St, NW	6,583	2022	0.13 mi