Office Building in Syosset, NY

20 Miller Place, Syosset, NY

$1,899,000

Price

$98,474

NOI

5.19%

Pro Forma Cap Rate

Overview
NOI
$98,474
Pro Forma Cap Rate
5.19%
Building Size
6,826 sqft
Lot Area
7,388 sqft
Occupancy
50%
Class
C
Lease Type
Modified Gross
Year Built
1969
Price Per Sqft
$278
Tenancy
Multiple
Floors
2
Parking Spots
18
Gross Leaseable Area
6826
Investment Strategy
Opportunistic
Description

At this location is an office building with the second floor currently owner-occupied. The property
could be delivered vacant at sale. There are 18 on-site parking spaces and this property is located right
off the Long Island Expy.

Highlights
  • For Sale: Office Building with Two Floors + a Basement
  • There is a Tenant on the First Floor and the Second Floor is OwnerOccupied
  • The Property Could be Delivered Vacant at Sale
  • Located Off of the Long Island Expressway
  • 18 On-Site Parking Spaces
  • Frontage on Miller Pl, Facing the Long Island Expy
  • 2,214 SF Basement Space
  • The Building has Solar Panels on the Roof
Documents
Title
Syosset__20_Miller_Pl__Offering_Memorandum__May2024.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery