List Number:1253824791

List Date:9/24/2009

Modify Date:9/24/2009

Property Type:Investment

City/State/Zip:WESTBURY,  NY  

County:Nassau

Sale Price:$3,650,000.00

Size:7,308 SQ FT

Plot Size: 1.22 acres
Building Size: 7,308 square feet
Year Built: 1987
Year Renovated: 2005
Lease Term: 2/01/2005 – 1/31/2025
Rental Rate:
Year 1 - 5 $220,000
Year 6 - 10 $242,000
Year 11 -15 $272,250
Year 16-20 $313,088
Taxes: $105,397 per annum
Parking: * 81 cars parking plus adjacent parking as per separate agreement

COMMENTS:
• Excellent visibility on the heavily trafficked Merrick Avenue, directly across from Eisenhower Park
• Close proximity to Fortunoff’s, Home Depot, Target, Nassau Coliseum, Colleges, Movie Theatres
• Hotels and high density populated area
• Easy access to local transportation and parkways