Description
Calling All Investors, Developers & End-Users!!! Warehouse / Auto Body Shop With Strong R8A Zoning For Sale!!! The Property Features Excellent Signage, Great Exposure, High 12' Ceilings, 8 Parking Spaces, CAC, Roll-Up Door, 1 Curb Cut, Low Property Taxes, 3 Phase Power, All New LED Lighting, Handicap Access, +++!!! The Property Has Strong R8A Zoning Which Allows For A 6.2 FAR!!! The Property Is Located In The Heart Of Cypress Hills Half A Block From M Train!!! Neighbors Include Amazon, Dunkin, UPS, Citi, McDonald's, T-Mobile, NAPA Auto Parts, Advanced Auto Parts, Associated Supermarkets, Wendy's, Papa John's, White Castle, Dollar Tree, +++!!! This Property Offers HUGE UPSIDE Potential!!! This is Could Be Your Next Development Site / Home For Your Business!!! Income: Warehouse: $72,000 Ann. (Available) Pro Forma Gross Income: $72,000 Ann. Expenses: Electric: $960 Ann. Taxes: $6,252 Ann. Maintenance & Repairs: $250 Total Expenses: $7,462 Ann. Net Operating Income (NOI): $64,538 Ann. (Pro Forma 9.56 Cap!!!)
Location
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Listing Office: All Island Estates Realty Corp
Attribution contact: 516-783-5600
