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Property Description

Calling All Investors, Developers & End-Users!!! 7,600 Sqft. Industrial Building With M1-1 Zoning For Sale In Sunset Park!!! The Property Features Excellent Signage, Great Exposure, High 16’ Ceilings, 12 Parking Spaces, 2 Roll-Up Drive-In Doors, Offices, M1-1 Zoning, 3 Phase Power, Security System, Large Driveway, 5 Skylights, All New LED Lighting, CAC +++!!! The Property Is Located In The Heart Of Sunset Park 4 Blocks Off I-278 & Minutes From The Verrazzano Bridge!!! Neighbors Include Chase Bank, Audi, BMW, Jeep-Dodge-Ram, Hyundai, Mazda, Starbucks, USPS, P.C. Richard & Son, Costco, Extra Space Storage, NYU Langone, Outback Steakhouse, Dunkin’, OrangeTheory Fitness, ShopRite, Staples, Wendy’s, Pollo Campero, KFC, +++!!! The Property Has 39’ Of Frontage On 62nd Street!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

Warehouse (Right Side, 2,800 Sqft.): $120,000 Ann. (Available)

Warehouse (Left Side, 2,400 Sqft.): $110,000 Ann. (Available)

2nd Floor Office (1,600 Sqft.): $48,000 Ann. (Available)

Pro Forma Gross Income: $278,000 Ann.

Expenses:

Gas: $0 Ann.

Electric: $0 Ann.

Insurance: $3,823 Ann.

Maintenance/ Repairs: $250 Ann.

Water & Sewer: $560 Ann.

Taxes: $34,820.48 Ann.

Total Expenses: $39,453.48 Ann.

Pro Forma Net Operating Income (NOI): $238,546.52 Ann.

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Features
Heating System:
Natural Gas
Cooling System:
Central Air
Electric:
Three Phase
Sewer:
Public Sewer
Utilities:
Natural Gas Available
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Property and Construction
Development Status:
Block, Other
Agent MlsId:
176463
Office MlsId:
CBE01
Number Of Units:
3
Special Listing Conditions:
No
Stories Total:
2
Tax Annual Amount:
$34,820
Water Source:
Public
PhotosCount:
42

Commercial Sale For Sale

858 62nd Street, New York, NY

4,000 Acre
$5,750,000
Listing ID #923980
Basic Details
Property Type :
Commercial Sale
Property SubType :
Warehouse
Listing ID :
923980
Price :
$5,750,000
Bathrooms Total :
0
Building Area :
7,600 Sqft
Lot Area :
4,000 Acre
Year Built :
1960
Status :
Active
Status :
Active
Listing Office :
All Island Estates Realty Corp
Listing Agent :
Richard Matt Shane
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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