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350 Jericho Tpke, Jericho, NY 11753

Lat/Long: 40.793455, -73.538279 Elevation: 66.34 meters

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Site Name

350 Jericho Tpke, Jericho, Ny 11753

Current Infrastructure

Cell Towers

Publish Date

April 28, 2024

Data Accuracy

5.001

SiteID #

462618

Modified Date

June 12, 2024

Site Description

350 Jericho Tpke, Jericho, Ny 11753 is a Office property with a cell tower antenna structure. The site offers a 111078 sqft lot area and has a Nassau County APN # of 2489-12-037-00-0154-0. See the wireless lease estimate for this site and search for cell towers nearby.

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Site Name

350 Jericho Tpke, Jericho, Ny 11753

Address

350 Jericho Tpke

County of Record

Nassau County

City

State / Province

Zip Code

Latitude:

Longitude:

Country

United States

Parcel # (APN)

2489-12-037-00-0154-0

Metro Area (MSA)

New York-Newark-Jersey City, Ny-Nj-Pa

FIPS Code

36,059

Census Tract

36,059,518,600

Census Data

The property located at 350 Jericho Tpke is situated in Nassau County, New York and has a block FIPS # of 360595186001010. Here is the most recent census data from the 2020 US Census report:

Block FIPS: 360595186001010

County FIPS: 36059

County Name: Nassau County

State FIPS: 36

State Name: New York

Block Population (2020): 19

AMT: AMT001

BEA: BEA010
BTA: BTA321
CMA: CMA001
EAG: EAG701
IVM: IVM001
MEA: MEA002
MTA: MTA001
PEA: PEA001
REA: REA001
RPC: RPC001
VPC: VPC001

Lot Area

111,078.00sq. ft.

# of Buildings

1

Building Area

40,000sq. ft.

Total Units

39

Year Built

1,969

Year Renovated

1,969

Technology & Infrastructure

All Sites, Cell Towers, Att - Rofr

Utility Information

Utility Company: Long Island Power Authority
Company ID: 11171
Residential Rate: $0.1903 /kWh
Commerical Rate: $0.1595 /kWh
Industrial Rate: $0.067 /kWh

{ "status": 41 }

Utility Lease Market Valuation Analysis

Cash Flow Analyis

Net Income

Cap Rate Range (%)

Market Lease Comparables

Sale Value Range ($)

Utility Lease Market Valuation Analysis

Cash Flow Analyis

Net Income

Cap Rate Range (%)

Market Lease Comparables

Sale Value Range ($)

Estimated Utility Lease Rates

Note: This lease rate estimate incorporates public and user-submitted data into SiteBid’s proprietary formula, also taking into account lease facts, location and market trends.

Estimated Utility Lease Sale Valuation

Note: This doesn't include the value of the real estate and is only based on the lease rights an a recorded utility easement. The amount of the lease buyout depends on the rent being received under the existing lease, the tenant quality, the terms of the lease, the neighborhood location (including traffic counts and population), the duration of the period for which our investor has the right to collect rent, and a number of other variables that make up our risk assessment.

Request a free site valuation and no obligation cash offer.

Infrastructure Investors are actively purchasing fee simple real estate, leases and easements on properties with active utility leases from tier-1 tenants (AT&T, Verizon, T-Mobile, etc.). Depending on the terms of the lease, the lease buyout valuations can range drastically between 16x-20x the annual lease rate for lump-sum payments and 18x-25x for structured payments.