811 Old Country Rd, Plainview, NY 11803, USA
Listing was updated at: 04/11/2019
Property Overview
Price/Rent PSF $ 889,811.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 3,559
Date Available 04/11/2019
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Floors 3
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Description

Location
811 Old Country Road

Sale
KW Commercial Property For Sale. Property can be delivered vacant for an owner/user or as an investment property with full tenancy because of the sale/leaseback option. Prime location up-dated freestanding building on Old Country Road, Plainview. 3,559 s/f +/-. Private off street parking lot. Corner property with tremendous visibility, signage and exposure. Only minutes to all major highways. Perfect location for any professional service firm with unlimited possibilities; medical, attorney, accountant, insurance, advertising. This is a great investment property at full tenancy with solid incoming producing capacity for the right investor. Pro-forma cap rate 5.93%. Owners currently operate an accounting firm on two levels of the building with the top floor a beautiful income producing apartment with a separate entrance and a high quality tenant. Current long term apartment tenant income provides a substantial contribution towards the annual property tax charges. Separate heating/cooling and electrical systems. Pending tax grievance and writ of certiorari. Taxes currently $8.77 per building s/f. Serious inquiries only, please. All interested parties must be qualified and provide a mortgage pre-approval, proof of funds and a credit report. Seller financing may be an option. Sale/Leaseback option will give you full tenancy and a great cap rate. Please do not disturb the owner or tenant. Call or text Rick (516) 978-8023. E-mail: rickcarello@gmail.com.

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