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    FOR LEASE
    Office buildings

    458 William Floyd Pkwy, Shirley, NY 11967

    0.28 ac lot
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US63-3080675
    Property summary
    AI-generated overview

    This exceptional investment opportunity encompasses two free-standing commercial buildings situated at 458 William Floyd Parkway, Unit 5, Shirley, NY. The property boasts a combined total of 3,850 square feet situated on a 0.42-acre lot, offering significant income potential. The buildings are strategically located on a high-traffic road with excellent visibility and accessibility, ensuring strong exposure for any business. One building, constructed in 1967, offers 1,056 square feet of space, while the second, built in 1990, provides a more substantial 2,800 square feet. The property is currently generating rental income, indicating a strong existing tenant base and consistent cash flow. This presents a rare chance to acquire a well-established, mixed-use property with substantial upside potential in a desirable location. The property's size and location make it ideal for a variety of commercial uses, offering flexibility for investors seeking a strong return on investment. The cross street is Flintlock. This turnkey investment is priced at $2,475,000 and represents a compelling opportunity for savvy investors seeking a high-yield commercial property in a thriving market. The property's current occupancy rate is 100%.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 0.28 ac (12,197 SF)
    APN 0200-937.00-06.00-030.000
    UPID US63-3080675
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Crazyguycells Mobile Phone Store Electronics & Wireless Store
    • GPS MAP SERVICES Tech Support Center (Bike/Boat/Book/etc) Store
    • Select Collectibles Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
    • Dj Services Nightclub Music Venue
    • Angela Ly Brows Medical Clinic Skin Care Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Patrick Rizza · 3 yrs held
    Patrick Rizza
    since 2023
    1 recorded transaction
    2023
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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