Project Description

For Sale: Mixed-Use Building in Lindenhurst, NY

(Under Contract)

145 Sunrise Hwy, Lindenhurst, NY 11757

Property Summary:

Price: $1,350,000
Building Size: 7,690 SF
Property Type: Mixed-Use
Lot Size: 0.26 Acres
Year Renovated: 2016
Cap Rate (Projected): 7.12%
NOI (Projected): $96,136
Location:
145 Sunrise Hwy,
Lindenhurst, NY 11757

Property Highlights

  • Leases Have Rental Increases & Options
  • High Traffic Counts on Sunrise Highway
  • Parking Lot At The Rear & Street Parking
  • Mixed-Use Property With Retail & Office Space
  • Right Next to a 7-Eleven & Neighorhood Amenities

Property Overview

American Investment Properties is exclusively retained to sell 145SunriseHighway in Lindenhurst, New York. At this location you’ll find a mixed-use property, with first floor retail and office space on the second floor.

The property is on the corner of North Hamilton Ave and Sunrise Highway-a very busy roadway. At the rear of the building are over 25 parking spaces, with the additional street parking to accommodate vehicle traffic.

The property is right next to a 7-Eleven and surrounded by many neighborhood amenities.

For the retail tenants there are rental increases and options in the leases.

Location Overview

Lindenhurst is a village located in Suffolk County, on the South Shore of Long Island, New York. It is within the Town of Babylon. Lindenhurst is on the Great South Bay and is both North and South of Sunrise Highway (Route 27).

It is the 4th largest village in New York State. It is also larger than 39 of the 62 cities in New York State. The Village of Lindenhurst Village Board of Trustees is comprised of five elected officials, the Mayor and four Trustees.

As of the 2010 census, there were 27,253 people, 9,316 households, and 7,046 families residing in the area. The median income for a household in the village was $85,345, and the median income for a family was $94,441.

Contact Broker

Ron Koenigsberg - Commercial Real Estate BrokerRon Koenigsberg, CCIM
President
Ron@aiprops.com
(O) 516.393.2300 x202
(C) 516-605-9933
(F) 516.390.5780

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