CONFIDENTIAL INVESTMENT INDUSTRIAL MULTI-TENATED BUILDING w/ LEGAL OUTSIDE STORAGE FOR SALE

1500 Ocean Ave, Bohemia, NY 11716 Size: 15,000 sf

Plot: 1.01 & .45 Acres
Interior: Waiting Area, Reception,10 Private Offices, Kitchen ,2 Restrooms
Parking: 5/1000
Loading: 2 Drive Ins w/small storage area and 14’ ceilings
Heat: Gas
Sprinklers: Yes
Taxes: $60,000
Sale Price: $3.4 million
Expenses & CAP: $89,000 with a CAP of 4.85%
Comments: Beautiful finishes in 8,500 sf of vacant office space with 3 tenants and income of $22k per month and $164k in expenses yielding a 4.85% CAP. Owner willing to do construction work and negotiate furniture. Close to Sunrise Hwy & Veterans Hwy