List Number:1253117478

List Date:9/16/2009

Modify Date:9/16/2009

Property Type:Investment

City/State/Zip:HAUPPAUGE,  NY  

County:Suffolk

Sale Price:$7,775,000.00

Size:43,797 SQ FT

Year Built: 1989, Renov 1998
Cap Rate: 8.88% cap rate
Occupancy: currently 89% occupied
NOI: $690,590.50 based on actual occupancy.
There is an additional available upside of $125,000 annually based on the current 11% vacancy.
Assumable Mortgage: 5.29%
Comments:
• Immediate access and visibility from the LIE (Exit 56) on Route 111
• Minutes from new Federal Courthouse and
County and State office buildings
• Ample parking
• Modern glass faηade /heavy window ratio
• Built-to-suit office suites
• Two elevators servicing the four stories
• Fitness Center
• Conferencing facility