Listed by American Investment Properties
$1,299,000
Tire Shop & Warehouse Building in Corona, NY
Details
APN 01980-0069
Property Type Industrial, Retail
Sub Type Auto Shop, Warehouse
Square Footage 2,237
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Options Month-to-Month
Pro-Forma Cap Rate 8.01%
Pro-Forma NOI $104,000
Price per SqFt $581
Broker Co-Op Yes
Year Built 1940
Buildings 1
Stories 1
Lot Size (SqFt) 2,500
Zoning Light Industrial
Investment Type Value Add
Ownership Fee Simple
Great Property with Development Opportunities
Marketing description
American Investment Properties is retained to sell the property located at 45-05 102nd St, Corona, NY. At this location is a tire shop/warehouse building. The property can be built-up which is a good opportunity for developers. This property is also located near the Long Island Expy and Grand Central Pkwy.
Investment highlights
• For Sale: Tire Shop and Warehouse in Corona, NY
• Tenant Pays for Gas and Electric
• Property Can be Built-Up - Good for Developers
• Located North of the Long Island Expy and West of the Grand Central Pkwy
• Surrounded by Various Residential Properties, Neighborhood Retail Spaces, and Amenities
Listing Contacts
Listed by American Investment Properties
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