$1,150,000
633 Wadleigh AVE West Hempstead, NY 11552
Save Share
Schedule a Tour
17
See all 17 photos
$1,150,000
Est. payment /mo
0.41 Acres Lot
Active
633 Wadleigh AVE West Hempstead, NY 11552
UPDATED:
09/24/2024 03:39 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3548560
Originating Board onekey
Rental Info No
Year Built 1923
Annual Tax Amount $18,808
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 100x175
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. (Available) 10' x 30' Yard (Contractor): $9,000 Ann. (Available) 20' x 60' Yard (Contractor): $19,200 Ann. (Available) 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. (Available) 30' x 30' Garage (Contractor): $12,000 Ann. (Available) 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!!!)
Location
State NY
County Nassau
Zoning Salvage
Interior
Fireplace No
Building
Story 1
Others
Special Listing Condition None
Listed by All Island Estates Realty Corp • 516-783-5600
GET MORE INFORMATION
