Great Investment Property. Two owners will stay n. High returns with 3% annual increases. Almost Triple net. lease 50% down is Approx. 9.5% Return. on 1st yr. Very long term tenants. TENANTS PAY 100% OF ALL TAXES & INCREASES. Tenants pay their own utilities. 100% Rented, long term tenants and leases. Established 4 Dentists/long leases & state of the art renovated bldg. Abundant parking/Brick Bldg. 2 Blks LIRR. In 2025 Leases changed from 3% annual increases to CPI Index.Great Investment Property. Two owners will stay n. High returns with 3% annual increases. Almost Triple net. lease 50% down is Approx. 9.5% Return. on 1st yr. Very long term tenants. TENANTS PAY 100% OF ALL TAXES & INCREASES. Tenants pay their own utilities. 100% Rented, long term tenants and leases. Established 4 Dentists/long leases & state of the art renovated bldg. Abundant parking/Brick Bldg. 2 Blks LIRR. In 2025 Leases changed from 3% annual increases to CPI Index.
Details:
Families:
4
Property Type:
Commercial
Lot Size:
4772
Acres:
0.24
Built:
1951
School District:
Port Washington
Financials:
Price:
$2,300,000
Taxes:
$52,000
Deutsch Realty Ken Deutsch Real Estate Broker Direct: 516-578-2617 Office: 516-931-8600
