Alan Yaffe Richard Yaffe, V.P. Asset Mgmt Direct:

Transcription

1 April 2018

2 Steven Epstein Direct: Cell: Ray Finkelstein Direct: Cell: Irene Riegel Alan Yaffe Richard Yaffe, V.P. Asset Mgmt Direct: William T. Yorio Direct: Cell: Gary Joel Schacker, SIOR Direct: Cell:

3 NASSAU LOCATION AVAILABLE COMMENTS 1955 Merrick Rd, Merrick 1,200 Office/Medical East Meadow Ave, East Meadow 1,800/900 Flex/Office/Retail ONLY 1 UNIT REMAINING 307 Guy Lombardo Ave, Freeport 2,500/1,250 Retail/Medical/Office 116 Woodcleft Ave, Freeport 3,000 Retail/Marine/Restaurant 580 East Meadow Ave, AKA Newbridge Ave 4,192 Medical/Office 70 S. Main St, Freeport 5,000 Investment 4160 Industrial Pl, Island Park 6,000 Industrial/Retail/Wholesale 22 East Merrick Rd, Freeport 7,300 Retail/Showroom/Whse REVISED 65 Roosevelt Ave, Valley Stream 7,347/1,200 Medical/Office 456 Sunrise Hwy, Rockville Centre 14,368 Retail/Whse NEW LISTING W. Merrick Rd, Freeport 17,000 Retail/Office/Whse 267 W. Merrick Rd, Freeport 18,700 Medical/Office 114 Church St, Freeport 22,400 Whse/Office REVISED 3000 Lawson Blvd, Oceanside 23,332 Industrial/Retail/Wholesale 57 Seaview Blvd, Port Washington 39,165 Office 22 Harbor Park Dr, Port Washington 94,000 Industrial IN CONTRACT

4 SUFFOLK LOCATION SIZE COMMENTS 408 Fort Salonga Rd, Northport 2,500 Office 231 E. Jericho Tpke, Huntington Station 2,760 Commercial 217 E. Jericho Tpke, Huntington Station 3,000 Commercial 2995 Sunrise Hwy, Islip Terrace 5,243 Indus/Office/Showroom LEASED 1550 Sunrise Hwy, aka 130 Ralph Ave, Copiague 18,850 Industrial/Warehouse 1180 Route 109, Lindenhurst 20,000 Industrial NEW LISTING 200 Broadhollow Rd, Melville 69,000 Total Bldg Size Office NASSAU LAND LOCATION SIZE COMMENTS 315 Ellsworth St, Holbrook 7,841 Land 111 Woodcleft Ave, Freeport 14,690 sq. ft. Retail/Commercial/Marine SUFFOLK LAND LOCATION SIZE COMMENTS Brookhaven Technology Center, Shirley 3.03 ac Land 3.49 ac Land Lincoln Ave & Vets Mem Hwy, Holbrook 3.3 ac Land

5 EXCLUSIVE REPORT APRIL 2018 Nassau Merrick, 1955 Merrick Rd Suite 203 Office Condo Available Sq. Ft.: 1,200 sq. ft. +/- office condo unit (part of 15,000 sq. ft. medical office building) Unit consists of: 4 patient rooms w/sinks, 1 consult room, 1 private bath, 2 reception areas Sale Price: $350,000 Taxes: $7,692 CAM: $10,668 Comments: Broker: Updated common areas including: lobby, elevator, bathrooms, & hallways/stairways; located directly across from the GAP Shopping Center & Camaans Pond; parking on-site, 1 reserved, plus street; corner offices with many windows; 24/7 access Steve Epstein East Meadow, East Meadow Ave Flex/Office/Retail Available Sq. Ft.: 900 sq. ft. with lower level storage (1,800 sq.ft.at 266 East Meadow Ave leased) Lease Price: $2,000 per month Gross Comments: Corner property with main road frontage, 2,700 SF +/- total building size, ample parking on site plus street, main road exposure with signage opportunity, 1,800 sq. ft. at 266 East Meadow Ave leased to dance school.

6 Freeport, 307 Guy Lombardo Ave Retail/Medical/Office Available Sq. Ft.: 2,500 sq. ft. (divides 1,250 sq. ft.) Lease Price: $7,000 per month Gross Comments: New construction, separately metered, Ready to Go turn key condition, additional Pylon signage opportunity around corner on Atlantic Avenue, ample on-site parking, ideal for retail, medical, professional offices; can accommodate food; area tenants include: Chase Bank, 711, Boston Market Freeport, 116 Woodcleft Ave Retail/Marine/Restaurant Available Sq. Ft.: 3,000 sq. ft. building on a 9,900 sq. ft. +/- lot Lease Price: $7,500 per month Gross Sale Price: $750,000 Taxes: $31,370 Nautical Mile, Formerly Montauk Yacht Sales, Ideal Recreation and Entertainment, Nightclub/Restaurant/Boat Sales/Repairs. 14 ceiling height, 1 drive-in door, fenced & gated yard, 110 frontage on Woodcleft Ave, ample parking on site plus direct access to municipal parking field directly behind property. Can be combined with Waterfront property located across the street at 111 Woodcleft Ave. FLEXIBLE PRICING East Meadow, 580 East Meadow Ave (AKA Newbridge Ave) Medical/Office Available Sq. Ft.: 4,192 +/- sq. ft. on.36 acres +/- Sale Price: $1,048,000 Taxes: $43, Possession arranged Comments: Broker: Built in 1959; fully renovated in Well appointed build-out; functional layout. Sun filled waiting room (16 seats). Mix of exam (2 sinks), testing, procedure rooms, and a kitchen. Gas heat, 16 parking spaces (22 tandem); free street parking, possession on or about June 1 st. (Active Medical Office-Inspection by appointment only) Bill Yorio

7 Freeport, 70 S. Main St Investment Available Sq. Ft.: 5,000 sq. ft. 1 st floor condo space fully rented (AAA credit tenant) Sale Price: $1,250,000 Taxes & CAM: $57,000 Total Income: $127,000 NOI: $70,000 Cap Rate: 5.6% Comments: High ceilings and three walls of windows, leased through May 2021 to Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter Day Saints, a Utah Corp., paved walkway from municipal parking lot in rear to Main Street, abundant parking, walking distance to LIRR, located between Sunrise Hwy & Merrick Rd. Prime State-Of-The-Art new construction Island Park, 4160 Industrial Pl Industrial/Retail/Wholesale Available Sq. Ft.: 6,000 sq. ft. building on 14,950 sq. ft. lot Sale Price: $799,000 Taxes: $25,180 Lease Price: $15.95 per sq. ft. Gross Comments: Ideal wholesale/retail/gym/fitness/auto. Currently set up for offices (formerly NY State Housing Trust, 16 park spaces on site, plus street, approved for Public Assembly & Amusement (fitness club), 400 amps electric, gas heat, full HVAC, Telecommunications Verizon & Optimum, alarmed, Zoned Industrial REVISED NOW ALSO FOR SALE Freeport, 22 East Merrick Rd Retail/Showroom/Warehouse Available Sq. Ft.: 7,300 sq. ft. one story building, located at corner of Merrick Rd & Henry St Sale Price: 1,588,000 Lease Price: $19.95 per sq. ft. Gross Comments: 20% showroom, 16 height, 1 oversized drive-in door, 400 amps electric, gas heat, skylights in warehouse, set up for tile & marble showroom/warehouse/fabrication, high visibility, corner with huge traffic count, municipal parking across street, located 1 block from Home Depot

8 Valley Stream, 65 Roosevelt Ave Medical/Office Available Sq. Ft.: 7,347 sq. ft. Sublease until 06/30/2020 Sublease Price: $26.00 per sq. ft. + utilities (Submit all offers very flexible) Possession estimated date May 2018 Comments: Double corner unit; Includes: 10 exam rooms, 2 dilation rooms; testing, research and support offices; waiting room accommodates 24; break room, 2 bathrooms; excellent on-site parking; 27,360 SF building, 4 blocks from Valley Stream LIRR (Active Medical Office-Inspection by appointment only) Broker: Bill Yorio NEW LISTING Rockville Centre, 456 Sunrise Hwy Retail/ Warehouse Available Sq. Ft.: 14,368 sq. ft. +/- one story building (includes 2,750 +/- SF Mezzanine) 7,718 +/- SF Retail; 3,900 +/- SF Warehouse with 20 height & clear span Lot Size: 14,200 SF +/- Sale Price: $3,300,000 Taxes: $60,662 ($3.57 per sq. ft.) Lease Price: Various options call for price Comments: Huge retail exposure at Sunrise Highway and LIRR, corner property with 142 feet frontage, gas heat, 400 amp, fully sprinklered, 1 oversized drive-in door 16 height, huge traffic count Freeport, W. Merrick Rd Retail/Office/Warehouse Available Sq. Ft.: 17,000 sq. ft. two story Sale Price: $99 per sq. ft. Taxes: $60,662 ($3.57 per sq. ft.) Comments: Two story building, 1 st floor 10,000 net, 2 nd floor 7,000 net, located in heart of business district, 25,000 cars per day traffic count, large municipal parking at rear of bldg, gas heat, ample electric power, 1 drive-in door, available immediately, ideal mixed use/residential, zoning Business B

9 Freeport, 267 W. Merrick Rd Medical/Office Available Sq. Ft.: 18,700 sq. ft. Divisible Sale Price: $2,600,000 Ground Lease: $200,000 NNN Office Rental: TBD Taxes: $6.85 per sq. ft. Immediate Comments: 1 st floor 7,800 sq. ft +/- 2 nd floor 3,200 sq. ft. +/- Lower Level 7,700 sq. ft. +/- Gas & oil heat, sprinklered, 20 car parking on-site plus ample street, 25,000 cars traffic count daily, elevator to all (3) levels, 1200 AMPS electric, ideal redevelopment/fast food REVISED Freeport, 114 Church St Warehouse/Office Available Sq. Ft.: 22,400 sq. ft. +/- building Sale Price: $3,250,000 Taxes: $49,475 ($2.21 per sq. ft.) Lease Price: $13.95 per sq. ft. Gross Comments: 2 story with freight elevator (divisible); divides 11,200 SF each floor; 1 st floor 16 height with 4,000 SF offices 2 nd floor 9 height with 4,000 SF office 1 drive-in loading door (dock possible), ample electric power, full HVAC, connected to sewers, fully alarmed & sprinklered, parking on street & municipal, Zoned Business B, building completely gut renovated inside & out in 2015.

10 Oceanside, 3000 Lawson Blvd Industrial/Retail/Wholesale Available Sq. Ft.: 23,332 sq. ft. +/- building on 47,212 sq. ft. lot Sale Price: $2,999,000 Lease Price: $14.95 PSF Gross Comments: Broker: 600 feet +/- frontage on Lawson Blvd, height, fully sprinklered, parking 40 cars on site, located across from PC Richards Appliance store & next to New PETSMART Costco now open, ideal for redevelopment-wholesale/retail outlet, adjacent to railroad, connected to sewers, zoned light manufacturing, walking distance to LIRR train station, close proximity to new Residential Community developed by Beechwood Organization. Pricing flexible for ALL CASH, QUICK CLOSE SALE. Steve Epstein Port Washington, 57 Seaview Blvd Office Available Sq. Ft.: 39,165 sq. ft. +/- Lease Price: $27.50 PSF + Electric Comments: Beyond Class A Offices Broker: Ray Finkelstein Port Washington, 22 Harbor Park Dr Industrial Available Sq. Ft.: 94,000 sq. ft. +/- building on /- acres Sale Price: $14,950,000 IN CONTRACT Lease Price: $10.00 PSF Net Taxes: $431,000 Comments: For Sale or Lease, class A mint condition building, 9,000 SF office on ground floor, 16,000 SF office on the mezzanine, under steel, excellent loading: 6 interior loading docks, 2 exterior loading docks, 2 drive-in doors, roof replaced in 2013, fully sprinklered, 175 car parking Broker: Ray Finkelstein

11 Suffolk Northport, 408 Fort Salonga Rd Office Available Sq. Ft.: 2,500 sq. ft. Lease Price: $21.50 per sq. ft. Modified Gross Comments: Outstanding location, perfect for Real Estate office or any professional use, ample parking, Zoned Office/Retail, beautiful rooms Broker: Gary Joel Schacker, SIOR Huntington Station, 231 E. Jericho Tpke Commercial Available Sq. Ft.: 2,760 sq. ft. Divides 850 SF 2 nd floor office suite; 420 SF rear office suite Lease Price: $35.00 PSF Gross Arranged Comments: Daily traffic count 34,000 cars, 82 frontage on Jericho Tpke, corner property with 2 street access, ample parking on site, zoned Commercial C6, can be combined with adjoining property located at 217 E. Jericho Huntington Station, 217 E. Jericho Tpke Commercial Available Sq. Ft.: 3,000 sq. ft. - plus lower level storage basement Lease Price: Call for price Comments: Daily traffic count 34,000 cars, 88 frontage on Jericho Tpke, ample parking on site, newly renovated inside & out, zoned Commercial C6, can be combined with adjoining property located at 231 E. Jericho. Short term lease only up to 12 months.

12 Islip Terrace, 2995 Sunrise Highway Industrial/Office/Showroom Available Sq. Ft.: 5,243 sq. ft. F/S 2 story building on 21,000 sq. ft. plot LEASED Lease Price: $15.00 per sq. ft. modified gross Comments: 2,885 SF office, 2,358 SF warehouse area, 20 clear ceiling height, 400 amps power, drive-in loading, vacant, excellent parking, main road signage, possible outdoor storage Broker: Gary J. Schacker LEASED Copiague, 1550 Sunrise Hwy, aka 130 Ralph Ave Industrial Available Sq. Ft.: 18,850 sq. ft. (part of a 32,000 SF building) Includes 38,000 SF oversized parking lot and fenced yard Lease Price: $10.95 per sq. ft. gross Comments: 1,200 SF office, 16 ceiling height, 2 tailboard loading docks, 1 drive-in loading door, fully sprinklered, ample power, gas heat, sewered, huge storage yard Lindenhurst, 1180 Route 109 Industrial Available Sq. Ft.: 20,000 sq. ft. (part of a 50,000 SF building) Sub-Lease Price: $9.50 per sq. ft. modified gross Term: April 30 th, 2021, longer lease term available July 2018 Comments: 5% A/C office, 16 clear ceiling height, 2 tailboard loading docks, 2 drive-in loading doors, fully sprinklered, 400 amps, excellent parking Broker: Gary J. Schacker NEW LISTING

13 Melville, 200 Broadhollow Road Office Building Size: 69,000 sq. ft. on 4 Floors Available Space: Floor Suite Area Asking Rent Possession 2 nd 201 3,730 SF $ elec Immediate Prime Strategic Location Only 1 space available Comments: Located between the Long Island Expressway at Exit 49, and the Northern State Parkway, Exit 40, 200 Broadhollow Road features a prime location on Melville s corporate corridor offering premier tenant services and amenities. Typical floors of 22,000 square feet, distinctive lobby décor with refined wood-grained walls & columns & frosted glass, new computerized building energy management systems, zoned tenant-controlled HVAC and electricity, high speed broadband internet connectivity, 2 passenger elevators, 24 hour/7 day access, health club & fitness center, in the heart of corporate Melville, prime 110 location with first class dining, shopping & hotels nearby Brokers: Ray Finkelstein/Steve Epstein

14 Nassau Land Freeport, 111 Woodcleft Ave Land/Retail/Commercial/Marine Available Sq. Ft.: 14,690 sq. ft. Waterfront/land with 527 sq. ft. office building Rental: $7,500 per month gross Sale Price: $750,000 Taxes: $25,199 Nautical Mile, Waterfront land, 226 frontage on Woodcleft Bay, 12 boat slips, ample parking on site. Ideal for large party boats/marina/waterfront dining. Can be combined with property located across the street at 116 Woodcleft Ave

15 Suffolk Land Holbrook, 315 Ellsworth St Land/Industrial Available Sq. Ft.: 7,841 sq. ft. Industrial lot Sale Price: $199,000 Taxes: $1,316 per annum Comments: Fenced and gated yard, 11 storage containers on-site can be purchased separately or delivered vacant, Zoned Industrial A NEW SEWERAGE TREATMENT PLANT WAS COMPLETED AND IS OPERATING IN THE INDUSTRIAL PARK Shirley, Brookhaven Technology Center Land Precision Drive 3.49 acres $523,500 ($150,000/acre) In Contract Ramsey Road 3.03 acres $909,000 ($300,000/acre) Available Broker: Alan Yaffe Holbrook, N/W/C Lincoln Avenue & Veterans Memorial Highway Land 3.3 acres Lease Price: $300,000 Net per annum Comments: Zoned light industrial Broker: Ray Finkelstein