858 62nd ST new

Brooklyn,NY 11220

$ 5750000

- Bed

- Bath

- SqFt


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

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