Vacant Commercial Educational Building at 1661 New York Highway 112
$4,200,000
1661 New York Highway 112, Port Jefferson Station, NY 11776
12,500 SF
Square Feet
$336
PPSF
Property Description
Vacant 12,500 SF Commercial / Educational Building
• Newly constructed in 2013 with central air and heating with onsite parking for 57 cars.
• Fully built out educational facility with 14 classrooms with private bathrooms, offices, a kitchen, two expansive playgrounds.
• Total of approx. 203,000 SF of land (4.66 Acres).
• J Business 4 zoning district, allowing for uses that include art gallery, bank, day-care, exhibit hall, lodge, museum, office, places of worship, mortuary and veterinary hospital.
• Average annual daily traffic count of approx. 24,200 vehicles.
• Just steps to the SCT 55 Line Bus.
• 2.9 miles south of the Port Jefferson LIRR Station.
Property Details
Asset Type
Office
Year Built
2013
Zoning
J Business 4
Acres
4.66
Submarket
Port Jefferson Station
ZIP
11776
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$238,922
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$19,910
Annual Debt Service
$238,922
View on Map
Address
1661 New York Highway 112
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Port Jefferson Station Office Market Snapshot
Boundary boundary · Office · Sale
No investors found in this market.
