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Greiner Maltz Investment Properties24-09 38th Avenue
2nd FloorLong Island City, NY 11101
718.786.5050www.greinermaltz.com
For More Information, Please Contact Exclusive Agent:
Samia FarahDirector of SalesReal Estate [email protected]
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildable footagesand uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon theseestimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OFINCOME, AND ALL OTHER INFORMATION HEREIN.
PRIME NNN COMMERCIAL BUILDING FOR SALE IN
WOODHAVEN
Property Information:
Block/Lot: 8954/10
Lot Dimensions: 54’ x 39’
Lot SF: 1,177
Building Dimensions: 24’ x 16’
Stories: 1
Total Building SF: 869
Zoning: R6B, C2-3
F.A.R: 2.00
Assessment (19/20): $336,000
R.E. Taxes (19/20): $12,471
PROPERTY DESCRIPTION
The subject property is a 869 SF 1-storyretail building located on the corner ofRockaway Boulevard and Atlantic Avenue inWoodhaven. The current tenant has a NNNlease expiring in 2028. The property iswalking distance to the Q24 bus line thatconnects to the J and Z subway lines at theCrescent Street station. ExcellentOpportunity!
ASKING PRICE: ACCEPTING OFFERS
78-21 Atlantic Avenue, Woodhaven, NY 11421
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildablefootages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependentupon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLYVERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
NEIGHBORHOOD INFORMATION
78-21 Atlantic Ave. Woodhaven, NY 11421
Aerial View
Transit Map
FINANCIAL INFORMATION
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildablefootages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependentupon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLYVERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
78-21 Atlantic Ave. Woodhaven, NY 11421
REVENUE:
Unit LXP Size Monthly Rent Annual Rent
Retail 2028 869 SF $4,900 $58,800
$4,900 $58,800Total:
ESTIMATED EXPENSES
Real Estate Taxes (19/20): Triple Net Lease
Insurance: Triple Net Lease
Electric (Common): Triple Net Lease
Gas: Triple Net Lease
Water/Sewer: Triple Net Lease
Repairs & Maintenance: Triple Net Lease
Total: $0
FINANCIAL SUMMARY
Gross Annual Income: $58,800
Less R.E. Taxes: Triple Net Lease
Less Operating Expenses: Triple Net Lease
Net Operating Income: $58,800
Zoning Map
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildablefootages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependentupon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLYVERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
OTHER DOCUMENT/S
Certificate of Occupancy
78-21 Atlantic Ave. Woodhaven, NY 11421
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. All zoning, buildablefootages and uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependentupon these estimates and assumptions made above, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLYVERIFY EACH ITEM OF INCOME, AND ALL OTHER INFORMATION HEREIN.
OTHER DOCUMENT/S
Certificate of Occupancy
78-21 Atlantic Ave. Woodhaven, NY 11421
