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Portfolio of 2 Office Buildings in Rockville Centre, NY

$3,999,999

45 North Village Avenue, Rockville Centre, NY 11570

Active
Last Updated: 05/30/2025

6.67

Cap Rate

266,828

NOI

Details:
Cap Rate:    6.67%
NOI:    $266,828
Building Size:    12,493 sqft
Lot Area:    8,500 sqft
Occupancy:    100%
Class:    B
Lease Type:    Modified Gross
Year Built:    1928 / 1890
Price Per Sqft:    $320.18
Tenancy:    Multiple
Floors:    32
Gross Leaseable Area:    12,493
Investment Strategy:    Opportunistic
Highlights:
  • For Sale: 2 Office Buildings in Rockville Centre, NY
  • 45 N Village Ave is Located in the Heart of Rockville Centre with Several Restaurants, Shops, & More
  • There is a Municipal Parking Lot Located Directly Behind 45 N Village Ave
  • There are Some Parking Spots Located in Front of 55 Front St
  • Both Properties are Located within Walking Distance to Several Bus Stops and the Rockville Centre LIRR Train Station
Description:

American Investment Properties is retained to sell the buildings located at 45 N Village Ave and 55 Front St in Rockville Centre, NY. At these locations are two office buildings that are both fully-occupied. Some of the tenants have options to extend. These buildings are located in the heart of Rockville Centre - surrounded by several retail spaces and amenities. There is municipal parking located behind the building at 45 N Village Ave and in front of the building at 55 Front St.

Map:
Documents:
Title
Rockville_Centre__45_N_Village_Ave___55_Front_St__Offering_Memorandum_.pdf
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