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275 Broadway
Amityville, NY 11701

$6,600,000 USD

Drugstore For Sale  •  15,120 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 15,120 SF
  • Lot Size 2.66 AC
  • Building Class B
  • Year Built 2001
  • Cap Rate 5.76 %
  • Tenancy Single
  • Zoning B-1
0 Transit Score
84 Walk Score

Highlights

NN Lease Expiring in 2060 - Landlord is only responsible for Roof and Structure
Walgreens Boots Alliance Inc. (WBA) is a publicly-traded company with over 8,500 locations.
Located at a signalized corner along one of Long Island’s busiest thoroughfares, directly adjacent to the LIRR Amityville Station
17.1% rent increase in ~10 years
Strong Local Demographics Positioned in a dense residential area providing a large consumer base. Median Household Income $92.5K
Surrounded by newly developed Avalon Amityville (338 rental units, built 2023) & Village By The Bay (115 rental units, built 2020)

Property Flyers

Cap Rate: 5.76 %

Public Transportation

Commuter RailDriveWalkDistance
Amityville Station (Babylon Branch - Long Island Rail Road) 1 min 4 min 0.3 mi
Copiague Station (Babylon Branch - Long Island Rail Road) 2 min - 1.2 mi
AirportDriveWalkDistance
Long Island MacArthur 29 min - 21.1 mi
John F Kennedy International 32 min - 22.4 mi
Laguardia 43 min - 29.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes
Stephen Preuss 718-663-2639 Ripco Real Estate
Stephen Preuss 718-663-2639 Ripco Real Estate