Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | Studio |
Financials
Listing Courtesy of All Island Estates Realty Corp
Calling All Investors, Developers amp ; End Users !
- View of commercial property
- View of uncovered parking lot
- Aerial view of property's location
- Garage featuring a workshop area
- Garage featuring a workshop area and a ceiling fan
- View of uncovered parking lot
- Map / location with property parcel outlined
- Garage featuring a ceiling fan
- Garage featuring a workshop area
- Garage with electric panel, a garage door opener, and an office area
- View of garage
- View of commercial location
- View of asphalt road
- Aerial map of property and surrounding area
- View of garage
- View of garage
- View of asphalt road with curbs
- View of storage room
- View of storage room
- Tiled home office with a drop ceiling and baseboards
- Lobby featuring a surveillance system and a paneled ceiling
- Half bath featuring toilet and vanity
- Home office featuring a wall mounted air conditioner and wood finished floors
- Map of property location
- View of asphalt road with a gate
- View of storage room
- View of commercial location
- Spare room with wood finished floors, an AC wall unit, a baseboard radiator, and lofted ceiling
- Unfurnished room with light wood-type flooring, a baseboard radiator, recessed lighting, and baseboard heating
- Spare room with light wood finished floors and baseboard heating
- Map / location
- View of asphalt road featuring sidewalks
- Stairway with wood finished floors, a wall mounted air conditioner, baseboard heating, and recessed lighting
- Full bathroom featuring tile walls, healthy amount of natural light, shower / bath combination with glass door, baseboard heating, and tile patterned
- Staircase with baseboards and tile patterned floors
- 36
- Utilities featuring water heater
- Tiled office with a drop ceiling and baseboards
- View of patio
- Spare room featuring a wall mounted air conditioner, a baseboard heating unit, wood finished floors, and lofted ceiling
- View of storage area
- View of unfinished below grade area
- Bathroom with a baseboard heating unit, tile walls, healthy amount of natural light, vanity, and wood finished floors
- View of parking
- View of office space
- Map / location
- View of asphalt road with curbs
Description
Calling All Investors, Developers & End-Users!!! 6,200 Sqft. Industrial Building + 1,400 Sqft. House For Sale Only 5 Minutes From JFK!!! The Property Features Great Exposure, Excellent Signage, 2 Drive-In Doors, 78 Parking Spaces, Multiple Offices, Waiting Room, High 14’ Ceilings, 3 Phase Power, 2 In-Ground Lifts, SprayBake Downdraft Spray Booth, Security Camera System, Alarm System, All New LED Lighting, Sprinklers, CAC, +++!!! The Property Has Been Home To A Successful Auto Body Business For 65+ Years!!! The Property Is Situated In The Heart Of The Springfield Gardens On Busy Guy R Brewer Blvd. Only 4 Blocks Off The Belt Pkwy.!!! Neighbors Include Walmart, The Home Depot, Stop & Shop, Target, Best Buy, Lowe’s Home Improvement, B.J.’s, BP Gas, McDonald’s, Dollar Tree, Aldi, Subway, Burger King, KFC, +++!!! The Property Has A Daily Traffic Count Of 6,800+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Development Site Or The Next Home For Your Business!!! The Auto Body Business That Nets OVER $1.5M Annually Can Also Be Bought For Only $700k!!!
Income:
T-Mobile Cell Tower: $25,536 Ann.; 3% Ann. Inc.; Lease Exp.: 2037.
146-10:
5,000 SQFT. Building + 3,000 Sqft. Yard Space: $300,000 Ann. M-M.
146-16:
Tire Shop (468 Sqft.): $30,000 Ann. M-M. Been Here 20+ Years So Far.
Towing Company (6,720 SQFT. Yard + 560 Sqft. Warehouse): $49,560 Ann. M-M.
146-20:
1st Floor Auto Parts Shop (700 Sqft.): $33,300 Ann. M-M.
2nd Floor (700 Sqft.): $28,600 Ann. (Available)
Pro Forma Gross Income: $466,966 Ann.
Expenses:
Gas: $0 Ann.
Electric: $0 Ann.
Maintenance & Repairs: $250 Ann.
Insurance: $5,680 Ann.
Water & Sewer: $1,200 Ann.
Taxes: $82,284.16 Ann.
Total Expenses: $89,414.16 Ann.
Net Operating Income (NOI): $377,551.84 Ann. (Pro Forma 6.86% Cap!!!)
Amenities
- Natural Gas Available
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
