Back to listing

Full details for Other For Sale in Middle Village, New York

Photos

1/3
Property photo 1
2/3
Property photo 2
3/3
Property photo 3

Description

Best 1031 Exchange-Collect top going rents with this12,000 sq ft commercial building on Eliot Avenue. Last offer )4.1 million and owner countered at $4.6 million. And it comes with 25 car parking. Just Listed! Broker Fee. Lot Area 4,056 sq ft Lot Frontage 78.33 ft Lot Depth 104.33 ft Year Built 1961 Year Altered 1991 Building Class Store Buildings (Taxpayers Included) - Multi-Story Retail Building ( K2 ) Number of Buildings 1 Number of Floors 2 Gross Floor Area 12,000 sq ft Total # of Units 5 Rent Roll: Phillie's Pizzeria 1st Floor 1653 sq.ft. 50 a sq.ft. = $82,650 yearly = $6,887.50 2nd Floor 2051 sq.ft. 28 a sq.ft. = $57,428 yearly = $4,785.66 Total - $11,673.16 Buon Trattoria 1st Floor 1734 sq.ft. 50 a sq.ft. = $86,700 yearly = $7,225 Office 2nd Floor 1460 sq.ft. 28 a sq.ft. = $40,880 yearly = $3,406 TMobile Tower Cell Tower $26,400 yearly = $2,200 Basement 3000 sq.ft. 15 a sq.ft. = $45,000 = $3,750 Gross $339,058 Expenses: Taxes $105,000 Insurance $13,854.00 Miscellaneous $10,204.00 Collect going rents as investment property *Buyers Broker welcomed. Speak to Jim Turano/ Broker. NYSMLS #11068740 Back to listing
arrow