858 62nd Street, New York, NY, 11220
$5,750,000
activeLot Size
4,000 sqft
Year Built
1960
Stories
2
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
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. Reply, Reply All or Forward Atta
Listed by Richard Matt Shane, All Island Estates Realty Corp
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