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$5,500,000 Sale Pending
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Property Description
Calling All Investors, Developers & End-Users!!! 12 Unit 28,500 Sqft. Office Building With Private Parking Lot On Sunrise Hwy. For Sale!!! The Building Features Excellent Signage, Great Exposure, 2 Stories, 28 Parking Spaces In A Private Lot, High 10' Ceilings, All New LED Lighting, Skylight, Sprinklers, 3 Phase Power, CAC+++!!! The Property Is Located In The Heart Of Rockville Centre On Busy Sunrise Hwy Just 6 Blocks From The LIRR Station!!! Neighbors Include Starbucks, Mercedes-Benz, Saab, Volvo, GMC, Kia, Buick, Ups, Verizon, AT&T, TD Bank, P.C. Richard & Son, King Kullen, HomeGoods, CVS, 7-Eleven, Walgreens, Rite Aid, Dunkin', Public Storage, U-Haul, Extra Space Storage, Mobil, Speedway, TGI Friday's, Mattress Firm, Taco Bell, McDonald's, +++!!! This Property Has A Daily Traffic Count Of 43,400+ Vehicles Per Day!!! Up to 16,380 Sqft. Can Be Delivered Vacant To Accommodate An Owner-User!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Investment Property Or Home For Your Business!!! Income: Allied Capital: $144,000 Ann. Fitness Gym: $36,000 Ann. Flower Shop: $96,000 Ann. They Have Separate Electric + Gas. Small Office: $9,600 Ann. Tzelle: $42,000 Ann. Minuteman Press: $105,600 Ann. They Have Separate Electric + Gas. Engineering Company: $ 38,400 Ann. Finance Company: $43,200 Ann. Accounting Company: $15,600 Ann. E-Commerce Company: $24,000 Ann. Suite 102 (3,000 Sqft.): $96,000 Ann. (Available) Suite 203 (3,000 Sqft.): $90,000 Ann. (Available) Utility Charge For All Units $3.25/Sqft.: $65,000 Ann. Expenses: Gas: $13,685 Ann. Electric: $22,183 Ann. Maintenance & Repairs: $1,800 Ann. Insurance: $10,800 Ann. Water: $2,833 Ann. Snow & Landscape: $1,800 Ann. Taxes: $146,841.71 Ann. Total Expenses: $199,942.71 Ann. Gross Income: $605,457.29 Ann. Pro Forma Net Operating Income (NOI): $ 405,515 Ann., Building Size:28500
Full Property Details
Full Property Details for 486 Sunrise Hwy
General
- Price: $5,500,000
- Taxes: $146,841
- Status: Pending
- Type: Commercial
- Source: Long_Island
- MLS ID: L3486434
- Updated: 12/4/2024
- Added to Site: 975 day(s) ago
Parking
- Total Spaces: 28
Location
- County: Nassau County
- Cross Streets: Mohawk Avenue
- Driving Directions: Cross Street Montuak Avenue
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Electric Available: Yes
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 2
- Stories in Building: 2
- Building Size: 28500
- Year Built: 1972
Lot Features
- Lot Size (Sq. Ft.): 19,084
- Lot Dimensions: 62 x 50
- Zoning: Office Bdg
Financial Considerations
- Tax Amount: $146,841
Disclosures and Reports
- Property ID: 2029-38-308-00-0038-0
- Block: 308
- Lot Number: 38+9
Listed by All Island Estates Realty Corp
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Schools
Schools serving 486 Sunrise Hwy
School District:Oceanside Union Free School District
| Name | Grades | Distance |
|---|---|---|
School 5, Oceanside, NY 2440 North Oceanside Road, Oceanside, NY 11572 | 1-6 | 0.3 mi |
School 7 Oceanside Senior High School 3160 Skillman Avenue, Oceanside, NY 11572 | 9-12 | 1.4 mi |
School 9m Oceanside Middle School 186 Alice Avenue, Oceanside, NY 11572 | 7-8 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 486 Sunrise Hwy
Date
Details
Price
Change
Source
9/18/2023
Price Reduced
$5,500,000
-6.59%
MLS
6/21/2023
Listed
$5,888,000
57.01%
MLS
4/03/2019
Sold
$3,750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 486 Sunrise Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$41,528
1352%
$8,930
40%
2024
$2,861
-92%
$6,376
-16%
2023
$35,991
-8%
$7,604
-15%
2022
$39,206
—
$8,930
-1%
2021
$39,213
-3%
$9,006
35%
2020
$40,506
—
$6,658
—
2019
$40,506
3%
$6,658
—
2018
$39,487
5%
$6,658
—
2016
$37,479
7%
$6,658
—
2016
$34,884
9%
$6,658
—
2014
$32,040
—
$6,658
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 486 Sunrise Hwy
486 Sunrise Highway, Rockville Centre, NY 11570 (MLS# L3486434) is a Commercial property. 486 Sunrise Highway is currently listed for $5,500,000 and was received on June 21, 2023. Want to learn more about 486 Sunrise Highway? Do you have questions about finding other Commercial real estate for sale in Rockville Centre? You can browse all Rockville Centre real estate or contact a Coldwell Banker agent to request more information.
