36 route 25 a & 6 s. jersey avenue- e setauket, ny€¦ · heart of setauket. 36 route 25 a was...

DOUGLAS ELLIMAN REAL ESTATE COMMERCIAL SERVICES

1772 E. JERICHO TURNPIKE, SUITE 1A HUNTINGTON, NY 11743

OFFICE: 631.858.2405

MICHAEL MURPHY

Executive VP/Head of Operations

Licensed Associate Real Estate Broker

P: 631.858.2460 | [email protected]

RETAIL/OFFICE PORTFOLIO FOR SALE/SPACE FOR LEASE

36 ROUTE 25 A & 6 S. JERSEY AVENUE- E SETAUKET, NY



OFFICE: 631.858.2405

MICHAEL MURPHY




36 ROUTE 25 A- SUMMARY: 6 S. JERSEY AVE.- SUMMARY:

FOR SALE- PORTFOLIO OF TWO FREESTANDING RETAIL/OFFICE BUILDINGS W/ UP TO 7158 SF AVAILABLE TO LEASE OR FOR

USE BY OWNER/INVESTOR!! Two newly renovated office/retail buildings located on heavily traveled Route 25 A (Main Street) in the

heart of Setauket. 36 Route 25 A was fully renovated within the last year and 6 S. Jersey has been renovated within the last 5 years.

New parking lot and striping will also be done at 6 S. Jersey along with new HVAC unit. Traffic Counts of over 22K vehicles per day

make these buildings ideal for an investor or an owner/user as well. 7158 SF OF CONTIGUOUS SPACE AVAILABLE FOR LEASE

available at the S. Jersey building. Solid leases in place with long term leases. Surrounded by shopping, restaurants and in close

proximity to Stony Brook University, SBU Hospital, Nicholls Road and the Stony Brook commuter rail. Call for more details or to

arrange a private showing. ASKING PRICE: UPON REQUEST!

BUILDING SIZE: 4512 SF

SPACE AVAIL: FULLY LEASED

LOT SIZE: 2.00 ACRES

YEAR BUILT: 2003

PARKING: 30 +/- SPACES

HVAC/HEAT: CAC & GAS

ZONING: J2

BUILDING SIZE: 10,300

SPACE AVAIL: 3808 SF + 3350 SF (7158 CONTIGUOUS)

LOT SIZE: 0.99 ACRES

YEAR BUILT: 1990

PARKING: 30 +/- SPACES

HVAC/HEAT: CAC & GAS

ZONING: J2



OFFICE: 631.858.2405

MICHAEL MURPHY




36 ROUTE 25 A 6 S. JERSEY AVE

6 S. JERSEY

36 RTE 25 A

AMPLE PARKING



OFFICE: 631.858.2405

MICHAEL MURPHY




36 ROUTE. 25 A & 6 S. JERSEY AVENUE-E.SETAUKET, NY



OFFICE: 631.858.2405

MICHAEL MURPHY




36 ROUTE. 25 A & 6 S. JERSEY AVENUE-E.SETAUKET, NY

*ANNUAL RENT AMOUNT FOR VACANT SPACES

CALCULATED AT $22.00 PER SF GROSS LEASE ESTIMATE

6 SOUTH JERSEY AVENUE

TENANT SPACE SIZE (SF) LEASE START DATE LEASE END DATE ANNUAL RENT AMOUNT

VACANT* 3350 N/A N/A $73,700.00

VACANT* 3808 N/A N/A $83,776.00

JLV LAW OFFICE 2980 3/14/2016 3/14/2021 $68,123.00

TOTAL RENT AMOUNT $225,599.00

36 ROUTE 25 A

TENANT SPACE SIZE (SF) LEASE START DATE LEASE END DATE ANNUAL RENT AMOUNT

M & G ASSET MANAGEMENT 1400 12/15/2018 12/15/2023 $42,000.00

COLDWELL BANKER 3072 7/1/2018 6/30/2020 $117,460.92

TOTAL RENT AMOUNT $159,460.92EXPENSES

ITEM ANNUAL AMOUNT

TAXES $81,762.00

INSURANCE $11,675.00

ASSET MANAGEMENT $3,340.00

WATER $2,426.00

LANDSCAPING $8,692.00

BUILDING MAINTENANCE $13,145.00

SNOW REMOVAL $13,415.00

CARTING EXPENSE $2,038.00

FIRE ALARM $1,349.00

UTLITIES $9,495.00

TOWN FEES $109.00

TOTAL EXPENSES: $147,455.00

TOTAL INCOME: $385,059.92

TOTAL EXPENSES: $147,455.00

NET OPERATING INCOME: $237,604.92



OFFICE: 631.858.2405

MICHAEL MURPHY




Commercial real estate involves more than just property listings. To get the most effective results,

you need to partner with a company that has a full complement of services and an in depth team

of professionals to help with all of your needs. Douglas Elliman’s team of commercial real estate

experts is committed to unrivaled performance standards when working with tenants, investors,

purchasers and owners. We represent all major property types including office, industrial, retail,

apartment and land. We treat each other each assignment with commitment and focus, from a

single transaction in a local market to national and multi-market assignments. We help negotiate

contracts, coordinate construction and provide both property management as well as ongoing

advisory service to satisfy your changing real estate needs. Our breadth of market knowledge,

unprecedented network and use of innovative technology extend to all types of property

transactions. For information on this property please contact Michael Murphy.

COMMERCIAL SERVICES

LOCAL KNOWLEDGE, REGIONAL EXPERTISE, NATIONAL REACH



OFFICE: 631.858.2405

36 route 25 a & 6 s. jersey avenue- e setauket, ny€¦ · heart of setauket. 36 route 25 a was...

Documents