This listing is under contract.

Strip Center in Sayville

4830 Sunrise Hwy Sayville , NY 11782

4830 Sunrise Hwy, Sayville , NY, 11782
4830 Sunrise Hwy, Sayville , NY, 11782 4830 Sunrise Hwy, Sayville , NY, 11782 4830 Sunrise Hwy, Sayville , NY, 11782 4830 Sunrise Hwy, Sayville , NY, 11782 4830 Sunrise Hwy, Sayville , NY, 11782
UNDER CONTRACT FOR SALE
Property Type:
Strip Center
Amount:
$5,850,000
Cap Rate:
6.34%
Last Verified:
Aug 11, 2023

• 100% Leased Multi-Tenant Strip Center • 273' Frontage on Sunrise Hwy - Great Freeway Visibility • High Traffic Counts: 112,104 Cars Per Day • On-Site Parking with 130 Spaces • 2,500 SF of Climate-Controlled & Alarmed Vaults • Tenant Leases Have Options & Annual Increases • Eva Gowns has been a Tenant Since 1989 • Rechler Equities purchased the Golf Course Behind The Property and is Working on Proposals • Surrounded by National Credit Retail Tenants such as Burger King, Chase Bank, Starbucks, McDonald's, Chipotle, etc.

Additional URLs

Map of 4830 Sunrise Hwy, Sayville , NY, 11782

Presented by:
American Investment Properties

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Ron Koenigsberg


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.