PACKAGE DEAL! RETAIL STRIP FOR SALE WITH NATIONAL TENANT Development Rights available! Property Description: Lot size: 3,566 square feet Lot Dimensions: 37.5 X 95.1 F.A.R: 3 F.A.R. as built: .91 Maximum Buildable floor area: 10,698 Square Feet Building Class: One story building (K1) Building Dimensions: 37.5 x 72 Year Built: 1927 Commercial Units: 2 Retail Sqft: 3,256 Real Estate Taxes: $39,407 (TENANTS COVER MAJORITY OF THE BASE TAXES, approx. $33,000) INCOME: -Night Club- Rent: $14,205.00 /mo plus Taxes: $2,493.69 (Please note this property has a cabaret License) -UPS Store $5,864.00 /mo + Taxes: $291.87 (National Tenant) Gross Annual Income:" $240,828.00 LANDLORD'S EXPENSES: Small portion of the base taxes & approx. $8,000 a year in Insurance. NET Income Approx. $226,828.00
The subject property is a 14,740 sqft retail building located on prime Cross Bay Blvd which rivals Queens Blvd in traffic count. There are over 30 National Retailers and a new strip mall being built within .5 mile radius! This is a tremendous opportunity for a savvy retail investor. The building will be delivered vacant. Here is what you need to know. Historically and currently, Cross Bay Blvd commercial rents are $40 to $50/ sqft NNN. To be conservative, lets assume you purchase this building which is being delivered vacant and lease the entire building for $30/sqft NNN. That's a Net income of $442,800.00!! At this point you either enjoy your 10% cap rate or flip the property for 8,000,000 The building is approx. 15,000 sqft on a with a parking lot for approx. 12 cars in the rear. The space has recently been renovated and works for any type of retail. You will have no problem getting a national tenant. Also works as a great hotel development site, 34,000 buildable sqft near JFK
Offered exclusively by Joseph Barretta, broker of Metro Net Realty. The subject property is an approx. 54,000 buildable hotel/ retail/ residential development site I assembled located at Cross Bay Blvd and Desarc Rd., a prime section of Cross Bay Blvd with dozens of National tenants within a .5 mile radius. It includes block 11372 lots 31and 46 zoned C2-3/R5D Please consult architect to determine layout. Only one parking spot per 12 rooms Cross Bay Blvd rivals Queens Blvd and Northern Blvd for Queens retail supremacy. Historically, Cross Bay Blvd rents for $40 NNN which some landlords asking $55 NNN. Conservatively, you can get $35 NNN. The total buildable sq footage of the lots is 54,000 sqft. Potential 10%+ Cap Rate
Great Upside!!!!!!!!! 8 family for sale in Ridgewood, Queens, NY. All 3 Bedroom Apartments! Completely renovated building Modern Bathrooms and Kitchen Roof and Heating (oil) less than 5 years old one apartment delivered vacant Very low occupancy Note to brokers: Commission must be paid by your buyer
Price Upon Req.1 acres
Block 13204 Lots: 97, 99, 104, 112 and 114 and Block 13205 Lots: 34, 48 and 50 located in the Rosedale section of Queens, New York (the Properties ) will sell via auction. To participate in the auction sale of the Properties you must first submit a Competing Bid (as defined in the Bid Procedures) no later than 5:00 p.m. on December 8, 2014. If it is determined that you are a Qualified Bidder (as defined in the Bid Procedures) you will be permitted to permitted to bid on the Properties at the auction sale on Wednesday, December 17, 2014 @ 10:00 a.m. Said auction sale will be held in the office of the Chapter 7 Trustee, Certilman, Balin, Adler & Hyman, LLP, 90 Merrick Avenue, East Meadow, NY 11554. The opening bid for the Properties at the auction sale will be no less than $3.65M.
Income / Business
Price Upon Req.4,000 SF
**PRICE REDUCED*** BY APPOINTMENT ONLY CALL AGENT 347-972-9355 Mix Use Commercial Great for Development of a New Business!!! This is an Exclusive Listing! INTERNATIONAL BUYERS & 1031 Exchangers are encouraged to inquire. Beautiful Mix Use Commercial Property with an Established Daycare Business - with a client base which been in business for over 25 yrs - NYS Licensed. Has Potential for Development of a Medical Center, AIR Bed & Breakfast,Senior Home, Express Hotel/Motel, Vacation Rental Home and much more. You Can Live, Own a Business or Develop, Renovate and Build Up ! Check NYS, Local By-laws. Due Diligence is a Must! This well kept custom made property boasts of over 3600 sf. Not to be compared with any other property. Sold As- IS walk-in closets. First floor is a Daycare - open space with kitchen, bedroom and full bath. Second floor - 2 Bedrooms, 2 full baths His & Hers (sunken tubs - Hollywood style), beautiful customized kitchen. Full Basement & 2 car garage. Principals Only! .
Price Upon Req.Size Upon Req.
Auction on 12/18/2014Auction Starts: 8:00 AM 12/15/2014 Auction Ends: 12:55 PM 12/18/2014 Nominal Opening Bid: $1,000. Land. Approx .06ac lot. Taxes approx $1,330 ('14). Note: A Buyer's Premium (Buyer's Fee in WI) will apply for this property. Please see Terms of Sale for details. Broker Licenses: NY Dean C. Williams RE LIC 32WI0834875; Williams & Williams RE LIC 109911428
Condo Store for Sale, 18 years in business. (hair salon now but could be anything) All renovated. Excellent Income. Common Charges $143 a month. Water and heat are included. 7 workers, 8 chairs, 2 assistants.
BUILDING HAS BEEN IMPECCABLY MAINTAINED Extra large building foot print at 27.5 X 68ft! ALL ROOMS HAVE WINDOWS Leases reflect legal rents, with PREFERENTIAL lease riders in place. 4 UNITS DELIVERED VACANT. Projected rent roll (assuming vacancies will rent at $1800/mo AS IS) $129,600 (9.5 cap if project rents are $2500/mo per apartment) ALL UNITS ARE IN EXCELLENT CONDITION HUGE 2.5 BR Rail Road apartments. (5 ROOMS PER APT) Units 3L (destabilized) VAVANT 2L (destabilized) VAVANT 2R: VACANT 3R: (destabilized) $1,400/mo; 1L: DELIVERED VACANT (LEGAL 1900) 1R: $1,400/mo (LEGAL 1800) *Taxes: $10,184 *Heat & Hot Water $6,000 *Insurance $2,300 *Electric: $600 *Sewage: $2,300 Building Size: 27.42ft x 68ft; Lot Size: 27.42ft x 100ft; Zoning: R6B; FAR: 2
Price Upon Req.4,800 SF
The existing subject Property is a one and two story building of approx. 4,800 SF situated on a 3,200 SF lot. The Property can be used by an owner occupant, rental, or for development. The Property is an ideal site to build a multifamily/condo development, a small hotel, a retail store, a new commercial building, a church or not-for-profit organization, a school or technical college. The Property is situated on a 39' x 101' irregular lot located on the southwest corner of 29th Street and 40th Avenue. The Property is zoned M1-2/R5D and consists of approximately 6,400 buildable square feet (as-of-right). The purchaser may seek to acquire any potential available air-rights to build a larger project. Johnson Capital has aggressive financing available for the Buyer.