For Sale $1,400,000 - Commercial Building, 商用楼
The property is at a Prime Location in Bellmore, Center Of Heavy Traffic, and it is a commercial Street Free Standing Building.
It is fully rent out, and net Income is $108,100. There are two tenants on this property, one is a grocery store, and another is a Korean Restaurant. It has the annually stable income, 9 years left on lease with both tenants. Tenants are paying for all expenses including property tax. Grocery store pays $3100 monthly rent + 33% of tax. The restaurant pays $6200 monthly rent + 67% of tax. The tax per year is $28,652. Current Cap Rate is 8%. It is a great investment.