Office Building in Syosset, NY
20 Miller Place, Syosset, NY
For Sale
Office
Building
$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
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Syosset__20_Miller_Pl__Offering_Memorandum__May2024.pdf
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