20 Grand Ave, Shirley, NY 11967
Medical office building in Shirley, delivered vacant, ample parking.
- Added:
- Feb 12, 2024
- Days on Market:
- 856
- Last Refresh:
- May 12 at 9:23 pm
Property Features for 20 Grand Ave
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1990
Listing agent Ron Koenigsberg CCIM License #NY 31K00933350
Listing office American Investment Properties
Listing date Feb 12, 2024
Source Crexi
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 American Investment Properties
HighLights
- Delivered vacant at sale
- Medical office building
- Ample on‑site parking with 32 spaces
- For sale or lease
- Located at 20 Grand Ave, Shirley
- Surrounded by various neighborhood retail & amenities
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 | $167.8k | $27.96 |
| − Vacancy | −$30.2k | −$5.03 |
| EGI | $137.6k | $22.93 |
| − OpEx | −$34.4k | −$5.73 |
| NOI | $103.2k | $17.20 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Healing Hands 4 Paws Shirley Long Island — 2118, 1010 Montauk Hwy, Shirley, NY 11967
- Shirley Veterinary Hospital Long Island — 1010 Montauk Hwy, Shirley, NY 11967
Location Insight
- Map
- Local Demand
- City
- Shirley
- County
- Suffolk
- State
- New York
- Longitude
- -72.864585
- Latitude
- 40.802973
