Map
Listed price in listed location currency (USD).
$3,150,000

000

MLS® 1035307

Overview

Key Facts

Type Other
Levels Commercial Sale
Size 5892 sqft
Garage No
Maintenance Fees 
Taxes $45,096
Days Active 32
Approx. Age 1931
Avg. Price Per Sqft $534
MLS® Number 1035307

Property Address: 75-11 75-13 Metropolitan Avenue, New York, NY, 11378

Average square foot calculated using Size range provided by listing agent.

Description

Calling All Investors, Developers, & End-Users!!! 3 Unit Mixed-Use Building On A Huge 10, 500 Sqft. Lot In Middle Village For Sale!!! The Property Features Excellent Signage, Great Exposure, R5/C1-3 Zoning, Huge Rear Yard, High 9’ Ceilings, Sprinklers, 15 Parking Spaces, Security Camera System, Separate Meters, 3 Phase Power, All New LED Lighting, CAC, +++!!! The Property Is Located In the Heart Of Middle Village Minutes From The Metro Mall!!! The Property Has 55’ Of Frontage On Busy Metropolitan Avenue!!! Neighbors Include TD Bank, Webster Bank, Amazon, BJ’s Wholesale Club, Petco, Raymour & Flanigan, Ashley Furniture, Bob’s Discount Furniture, 7-Eleven, Dunkin’, Dollar Tree, Michaels, Panera Bread, Salvation Army, Dick’s Sporting Goods, Regal Cinemas, Wendy’s, Arby’s, +++!!! The Laundromat Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site or The Next Home For Your Business!!! Income: Laundromat: $84, 000 Ann.; 3% Ann. Inc.; Lease Exp.: 8/1/36. (1) 10 Year Option. Pharmacy: $48, 000 Ann.; 4% Ann. Inc.; Lease Exp.: 8/1/28. (1) 5 Year Option. Recording Studio: $37, 800 Ann.; 3% Ann. Inc.; Lease Exp.: 9/1/28. Tax Rebate: $2, 250 Ann. Gross Income: $172, 050 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Water & Sewer: $0 Ann. Insurance: $4, 382 Ann. Taxes: $45, 096 Ann. Total Expense: $49, 478 Ann. Net Operating Income (NOI): $122, 572 Ann.
MLS® Number1035307
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1931
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Recovery System, Natural Gas
A/CCentral Air

Extras

Map

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