#We Get The Job Done

DLBD East 233rd Street Bronx, NY 10466; Industrial Type Property Multiple Tenants For Sale BUY NOW!! Bronx ( New York, US - 10466) Built

$4,500,000 USD

Hostings Houses Homes & Lands Dev LLC

Noah Olay Noah Olay 347 614 2108 (Office) 347 340 5097 (Cell) 718 547 3674 (Fax) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Garage: Triple
  • Size: 18,000 sq. ft.
  • Development Level: Built
  • Year Built: 1964

Description

2 dock high doors/loading
1 drive in /grade
multiple tenants
6% cap rate
fully rented
16 ft high ceilings
fenced yard
lot 27000 sf
2 story mixed use building with 10000 sf parking or loading dock with parking
near subway
make offer
zoned m1-1

SEPT 2018 UPDATE:
OR SALE Flex Building
Year Built 1964

2 story 18,000 sf mixed use building with 18,000 sf parking or loading dock, office, storage. Ground floor 9000sf factory converted to a church, 2nd floor 9000 sf office space.
Tenants are month to month
North East Bronx 1 block from subway #2/5. 1/2 mile from I -95, Hutch Parkway. Located in NorthEast Bronx close to Mt Vernon and Pelham borderline.
Property Type Industrial

Parking Ratio 1.39/1,000 SF
Building Class C

Clear Ceiling Height 16 FT
Sale Type Investment

No. Dock-High Doors/Loading 3
Cap Rate 5.46%

No. Drive In / Grade-Level Doors 1
Lot Size 0.62 AC

Zoning Description M1-1
Rentable Building Area 18,000 SF
No. Stories 2

pro forma 2018 income/expenses

Annual
Gross Rental Income $383,453

Vacancy Loss $47,000
Effective Gross Income $336,453
Taxes $31,000
Operating Expenses $60,000
Total Expenses $91,000
Net Operating Income $245,453

Attachments

Features

Exterior Finish

  • Brick

Roof

  • Other

Lot Features

  • Fenced
P2#301503246
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Information is deemed to be correct but not guaranteed.