Ramapo, NY 10901

Property

Ownership: For Sale
Type: Unknown
Lot Size: 0.1 Acres

Financials

Price:$1,840,000
Annual Taxes:$11,043
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Triforce Commercial RE LLC

Position your business or investment portfolio in one of Rockland County s premier industrial locations at Spook Rock Industrial Park.

Description

Position your business or investment portfolio in one of Rockland County’s premier industrial locations at Spook Rock Industrial Park. This 4,600 SF end-unit industrial condominium offers a strong combination of functionality, flexibility, and existing income in a clean, professionally maintained setting. The property includes a 1,000 SF tenant currently paying $2,600 per month, creating immediate in-place revenue while leaving additional space available for an owner-user or future leasing upside. As an end unit, the space benefits from added convenience, improved accessibility, and a more desirable layout within the complex. Located in a well-kept condominium warehouse park in Suffern, the unit offers excellent access and a highly sought-after industrial location. The property features approximately 18-foot clear ceiling height, an oversized 14-foot-wide drive-in door, and office space, making it well suited for light manufacturing, distribution, storage, or a variety of industrial uses. Additional parking is conveniently located at the end of the building, and the premises are in excellent condition. This is an outstanding opportunity for an owner-user seeking partial income in place, or for an investor looking to acquire a well-located industrial asset with built-in cash flow in one of Rockland County’s most desirable industrial parks. Taxes = $ 11,200 per/yr CC = $ 1,000 per/month Lease has 2 years left with about $ 125.00 per/yr increases each year. Insurances are included in CC for exterior of building. Building is scheduled for new roof next year which is already paid for.

Amenities

  • Electricity Available

Long Island MLS

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.