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Calling All Investors, Developers & End-users!!! Huge 17, 790 Sqft. Industrial Building With Gated Yard & Private Driveway For Sale!!! The Property Features Great Exposure, Excellent Signage, 12 Parking Spaces, Strong M3-1 Zoning, High 12' Ceilings, Freight Elevator, Basement With 10' Ceilings, Separate Small Building In Rear Yard, Loading Dock, Sprinklers, 3 Phase Power, All New Led Lighting, Cac, +++!!! The Property Is Situated In The Heart Of Greenpoint Just A Few Blocks From The Bqe (i-278)!!! The Property Was Previously Home To A Successful Furniture Manufacturer!!! Neighbors Include Starbucks, Hilton Hotels, Fedex, The Home Depot, P.c. Richard & Son, National Grid, Dunkin', Cvs, Staples, Mcdonald's, Pep Boys, Auto Zone, Restaurant Depot, Crunch Fitness, Blink Fitness, Key Food, Wendy's, Dollar Tree, +++!!!!!! This Property Offers Huge Upside Potential!!! This Could Be Your Development Site / The Next Home For Your Business!!! The Building Can Also Be Leased For Only $30 Per Sqft. Nnn!!! Income: First Floor (6, 500 Sqft.): $195, 000 Ann. Nnn. (available) Second Floor (5, 700 Sqft.): $171, 000 Ann. Nnn. (available) Ll + Rear Building (5, 590 Sqft.): $167, 700 Ann. Nnn. (available) Driveway: $28, 800 Ann. (available) Pro Forma Gross Income: $562, 500 Ann. Expenses: Insurance: $3, 823 Ann. Taxes: $46, 532.08 Ann. Total Expenses: $52, 538.08 Ann. Net Operating Income (noi): $512, 144.92 Ann. (pro Forma 7.77 Cap!!!)
Location/Town | Greenpoint |
Area/County | Brooklyn |
Prop. Type | Commercial Sale |
Tax | $46,532.00 |
# Stories | 2 |
Year Built | 1931 |
Total Units | 3 |
Lot Size | 72x96.25 |
Lot SqFt | 6,930 |
Zoning | Industrial |
Tax Lot | 38 |
Units | 3 |
Listing information courtesy of: All Island Estates Realty Corp |