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20521911
18669530

3120 NY-112, Medford, NY 11763

AK
NY 10491209469
Vision Real Estate NY
Listed by Vision Real Estate NY
$6,500,000
582 days on market
Updated 125 days ago

Industrial 4 Acre

Details
Property Type Industrial, Land (+1)
Sub Type Industrial, Warehouse
Units 4
Cap Rate 8.18%
Tenancy Multi
Lease Type Gross
Lease Expiration 03/31/2027
Remaining Term 3
Pro-Forma Cap Rate 8.68%
Pro-Forma NOI $564,244
Broker Co-Op Yes
Buildings 3
Acreage 4.000
Zoning L-I
Investment Type Owner/User
Lease Commencement 04/01/2022
Occupancy Date 10/29/2024
Ceiling Height 16

Multiple Buildings on 4 Acre Industrial zoning in MEDFORD, Very close to Highways

Marketing description

We are excited to present a unique opportunity to acquire a total of 4 acres of prime commercial land located on the bustling Rt. 112 in Medford. This property, retained by Vision Real Estate, is strategically positioned very close to the Long Island Expressway (LIE), making it a perfect location for various industrial uses. The offering includes three adjacent properties: a substantial 19,500 sqft warehouse situated on a 1.65-acre lot, (Warehouse can be delivered vacant also) . a storefront with a small warehouse at the rear, and a charming 2-family house on another 2.35-acre lot. Additionally, the property features truck parking at the back, providing convenience for logistics and transportation needs. With projected income potential, this is an investment opportunity not to be missed

Investment highlights

We are excited to present a unique opportunity to acquire a total of 4 acres of prime commercial land located on the bustling Rt. 112 in Medford. This property, retained by Vision Real Estate, is strategically positioned very close to the Long Island Expressway (LIE), making it a perfect location for various industrial uses. The offering includes three adjacent properties: a substantial 19,500 sqft warehouse situated on a 1.65-acre lot, a storefront with a small warehouse at the rear, and a charming 2-family house on another 2.35-acre lot. Additionally, the property features truck parking at the back, providing convenience for logistics and transportation needs. With projected income potential, this is an investment opportunity not to be missed. Warehouse can be delivered vacant .

Listing Contacts

AK
NY 10491209469
Vision Real Estate NY
Listed by Vision Real Estate NY

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Additional Information

Name
avnish kumar
License
10491209469
Brokerage
Vision Real estate
Brokerage Phone
917-957-9969
Title
Broker of Record
Brokerage Address
111-07 101 Ave, Richmond hill, NY 11419
Name
avnish kumar
License
10491209469
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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