1023 Pulaski Road, E. Northport (East Northport), NY, 11731 | $795,000

This 2, 688 square foot commercial building, with a full partially finished basement, is being sold as an investment property only. ADA compliant with rear exterior ramp, one gas hot air boiler, 4 separate electric meters with 2 CAC compressors, and 15 parking spaces. There are 3 Tenants with lease options extending out to 2, 038. Tenants pay their own electric for their suite. Landlord pays annually for landscaping: $2, 400, insurance: $4, 815, cleaning of common area: $1, 200 and 10. 5% of property taxes-common area PSEG-gas & hot water (1 boiler)-snow removal-water-cesspool pumping & maintenance- annual fire inspection fee-RPZ backflow inspection fee- and parking lot sealing & striping maintenance, and 60% of garbage dumpster. Annual Tenant Income is $101, 023 - Landlord Annual Expenses are $10, 352. NOI: $90, 671 All expense amounts provided are estimates only and may vary based on actual costs incurred. Tenant #1 is a Dentist with 935 square feet: current rent is $2, 532/month & $30, 384/year plus annual expenses: 40% of gas & hot water: $1, 195, 40% of PSEG common area: $2, 184, 40% of tax bill: $5, 796, 40% of water: $120, 40% of snow removal: $520, 40% of garbage: $922 and 40% of annual RPZ backflow device inspection charge: unknown amount, 40% of cesspool pumping & maintenance: unknown amount, 100% of annual fire inspection fee & fire extinguisher: unknown amount. Total 2025 rent is: $41, 121/yr -$3, 427/month. Current lease term is 1/1/2023 to 12/31/2032 with a 5-year option ending 12/31/2037. Tenant #2 is Long Island Stuttering & Speech Pathology Center with 935 square feet: current rent is $3, 004/month & $36, 048/year plus annual expenses: 37. 5% of gas & hot water: $1, 121, 37. 5% of PSEG common area: $2, 048, 37. 5% of tax bill: $5, 433, 37. 5% of water: $42, 37. 5% of snow removal: $488, 37. 5% of annual RPZ backflow device inspection charge: unknown amount, 37. 5% of cesspool pumping & maintenance: unknown amount, & 37. 5% of annual fire inspection fee & fire extinguishers: unknown amount. Total 2025 rent is: $45, 180/yr -$3, 765/month. Current lease term is 6/1/2022 to 5/31/2031. Tenant #3 is Social Worker with 364 square feet: current rent is $981. 45/month & $11, 777/year plus annual expenses: 12% of gas & hot water: $359, 12% of PSEG common area: $655, 12% of tax bill: $1, 739, 12% of water: $36, 12% of snow removal: $156, 12% of annual RPZ backflow device inspection charge: unknown amount, 12% of cesspool pumping & maintenance: unknown amount, & 12% of annual fire inspection fee & fire extinguishers: unknown amount & 12% of parking lot sealine striping maintenance. Total 2025 rent is: $14, 722/yr -$1, 227/month. Current lease term is 1/1/2026 to 12/31/2028 with a 3-year option ending 12/31/2031 The building is located on the northwest corner of Pulaski Road and Irving Johnson Street in the Hamlet of East Northport. The parcel has 10, 890 sf/. 25 acre and is rectangular in shape with 108+feet of frontage along Pulaski Road and 127+feet of frontage along Irving Johnson Street. Dentist has 936 SF, Speech Pathologist has 936 SF and Social Worker has 364 SF with a common hallway with 452 SF. Individual electric meters for each tenant and individual HVAC systems for each tenant and 1 meter for gas hot air heat.

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