354 Veterans Memorial Hwy, Commack, NY 11725
Commack investment property for sale. Net operating income: $117,632.
- Added:
- Dec 27, 2021
- Days on Market:
- 1652
- Last Refresh:
- Jul 4 at 11:13 pm
Property Features for 354 Veterans Memorial Hwy
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing office R & R Commercial Realty Group (631) 524-0524
Listing date Dec 27, 2021
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 R & R Commercial Realty Group
HighLights
- Investment property for sale in Commack.
- Priced at $2,500,000.
- Net Operating Income (NOI): $117,632.00
- Year Built: 1980.
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 | $293.6k | $27.96 |
| − Vacancy | −$52.8k | −$5.03 |
| EGI | $240.7k | $22.93 |
| − OpEx | −$60.2k | −$5.73 |
| NOI | $180.6k | $17.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Commack
- County
- Suffolk
- State
- New York
- Longitude
- -73.260752
- Latitude
- 40.832394
