938 Rte 109, Lindenhurst, NY
Office building located on Route 109 in Lindenhurst.
- Added:
- Dec 16, 2024
- Days on Market:
- 546
- Last Refresh:
- May 20 at 9:49 pm
Property Features for 938 Rte 109
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 0.18 Acres
- Property subtype
- OFFICE
Properties For Sale
at 938 Rte 109 Contact usListing agent Michael G Macchia (516) 818-7650
Listing office MGM Islandwide Realty, Inc. (516) 818-7650
Listing date Dec 16, 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 MGM Islandwide Realty, Inc.
HighLights
- Excellent condition
- Great visibility
- Located on well‑travelled route 109
- Located in Lindenhurst
- South side location
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 | $100.7k | $27.96 |
| − Vacancy | −$18.1k | −$5.03 |
| EGI | $82.5k | $22.93 |
| − OpEx | −$20.6k | −$5.73 |
| NOI | $61.9k | $17.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lindenhurst
- County
- Suffolk
- State
- New York
- Longitude
- -73.3916
- Latitude
- 40.7155
