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633 Wadleigh Avenue

W. Hempstead, NY 11552
  • $1,150,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 3548560
Price Reduced
$1,150,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1923
County:
Area:

School Ratings & Info

Description

Calling All Investors, Developers, & End-Users!!! Amazing Metal Scrap Yard For Sale!!! The Property Features A Warehouse, Huge Yard, High 12' Ceilings, Excellent Signage, Great Exposure, Outdoor Storage, Strong Zoning, 86 Parking Spaces, Separate Meters, Fenced Yard, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of West Hempstead & Has Been Home To A Successful Metal Recycling Facility For 100+ Years!!! The Property Is Situated 6 Blocks From Lakeview LIRR Station, 2 Blocks From Southern State Parkway & 5 Miles From JFK Airport!!! Neighbors Include NY Equestrian Center, The Home Depot, Stop & Shop, CubeSmart Self Storage, Dunkin', CVS, Regal Cinemas, Lidl, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 180' x 60' Yard: $84,000 Ann. 10' x 30' Yard (Contractor): $9,000 Ann. 20' x 60' Yard (Contractor): $19,200 Ann. Front Parking: $9,600 Ann. (Available) 30' x 30' Yard: $12,000 Ann. (Available) Office (600 Sqft.): $15,600 Ann. (Available) 2,000 Sqft. Warehouse(Contractor): $30,000 Ann. M-M. 30' x 30' Garage (Contractor): $12,000 Ann. M-M. Pro Forma Gross Income: $191,400 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,058 Ann. Taxes: $18,808 Ann. Total Expenses: $20,866 Ann. Net Operating Income (NOI): $170,714 Ann. (Pro Forma 14.83 Cap!!!)

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-25T00:19:21.58.
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633 Wadleigh Avenue W. Hempstead, NY 11552

  • Price: $1,150,000
  • Status: Active
  • On Site: 84 Days
  • MLS #: 3548560
0
Beds
0
Baths
0
½ Baths
0.41
Acres
1923
Built
Neighborhood:
Hempstead
County:
Nassau
Area:
Hempstead
Property Description
Calling All Investors, Developers, & End-Users!!! Amazing Metal Scrap Yard For Sale!!! The Property Features A Warehouse, Huge Yard, High 12' Ceilings, Excellent Signage, Great Exposure, Outdoor Storage, Strong Zoning, 86 Parking Spaces, Separate Meters, Fenced Yard, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of West Hempstead & Has Been Home To A Successful Metal Recycling Facility For 100+ Years!!! The Property Is Situated 6 Blocks From Lakeview LIRR Station, 2 Blocks From Southern State Parkway & 5 Miles From JFK Airport!!! Neighbors Include NY Equestrian Center, The Home Depot, Stop & Shop, CubeSmart Self Storage, Dunkin', CVS, Regal Cinemas, Lidl, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 180' x 60' Yard: $84,000 Ann. 10' x 30' Yard (Contractor): $9,000 Ann. 20' x 60' Yard (Contractor): $19,200 Ann. Front Parking: $9,600 Ann. (Available) 30' x 30' Yard: $12,000 Ann. (Available) Office (600 Sqft.): $15,600 Ann. (Available) 2,000 Sqft. Warehouse(Contractor): $30,000 Ann. M-M. 30' x 30' Garage (Contractor): $12,000 Ann. M-M. Pro Forma Gross Income: $191,400 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,058 Ann. Taxes: $18,808 Ann. Total Expenses: $20,866 Ann. Net Operating Income (NOI): $170,714 Ann. (Pro Forma 14.83 Cap!!!)
Exterior Features

Business Parking Spaces 36 Cross Street Park Ave Overhead Door 0 Stories Total 1

Property Features

Gross Income 191400 MLSArea Minor 8 Net Operating Income 170714 Operating Expense 20866 Property Sub Type Mixed Use Tax Annual Amount 18808 Tax Annual Amount1 18808 Zoning Description Salvage

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp: 516-783-5600
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Your New York NextHome Brokers. Data last updated: 2024-07-25T00:19:21.58.
 
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