742 Middle Country Rd, Selden, NY
5,000 SF retail corner property available for sale.
- Added:
- Dec 23, 2024
- Days on Market:
- 539
- Last Refresh:
- May 20 at 9:51 pm
Property Features for 742 Middle Country Rd
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.13 Acres
- Property subtype
- RETAIL
Listing agent Lyle Alper (516) 507-7494
Listing office Vanderbilt Realty (516) 507-7494
Listing date Dec 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 Vanderbilt Realty
HighLights
- 5,000 SF Retail Space available.
- Corner Property offering great visibility.
- Located at 742‑746 Middle Country Rd, Selden, NY.
- Retail Property offered at $1,700,000.
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 | −$10.4k | −$2.07 |
| EGI | $139.7k | $27.93 |
| − OpEx | −$41.9k | −$8.38 |
| NOI | $97.8k | $19.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Selden
- County
- Suffolk
- State
- New York
- Longitude
- -73.0407
- Latitude
- 40.8652
