858 62nd ST new Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11220
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 923980
Year Built 1960
Annual Tax Amount $34,820
Property Sub-Type Warehouse
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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Location
State NY
County Kings (brooklyn)
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Utilities Available Natural Gas Available
Building
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Structure Type Block,Other
Others
Special Listing Condition None