68-70 S Main St, Freeport, NY
Retail property available for purchase in Freeport, New York.
- Added:
- Jan 23, 2024
- Days on Market:
- 893
- Last Refresh:
- May 20 at 8:32 pm
Property Features for 68-70 S Main St
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.33 Acres
- Property subtype
- OFFICE
Listing office United Realty (516) 320-7704
Listing date Jan 23, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of United Realty
HighLights
- Retail property available for purchase.
- Located in Freeport, New York.
- High foot traffic location.
- Property details available upon request.
- Zoning and permitted uses information available.
- Details of recent upgrades available.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $150.0k | $30.00 |
| − Vacancy | −$8.6k | −$1.71 |
| EGI | $141.5k | $28.29 |
| − OpEx | −$42.4k | −$8.49 |
| NOI | $99.0k | $19.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Freeport
- County
- Nassau
- State
- New York
- Longitude
- -73.5815
- Latitude
- 40.6555
