60 W Park Ave, Long Beach, NY
7,200 SF office building for sale in Long Beach.
- Added:
- Dec 3, 2024
- Days on Market:
- 565
- Last Refresh:
- May 19 at 10:05 pm
Property Features for 60 W Park Ave
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.09 Acres
- Property subtype
- OFFICE
Listing agent Ryan Rodger
Listing office United Properties Corp. (516) 223-6200
Listing date Dec 3, 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 Properties Corp.
HighLights
- 7,200 SF office building
- For sale
- Located in Long Beach
Overview
Local Financial Insights For Office B
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 | $201.3k | $27.96 |
| − Vacancy | −$36.2k | −$5.03 |
| EGI | $165.1k | $22.93 |
| − OpEx | −$41.3k | −$5.73 |
| NOI | $123.8k | $17.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Long Beach
- County
- Nassau
- State
- New York
- Longitude
- -73.6661
- Latitude
- 40.5881
