633 Wadleigh Avenue, West Hempstead, NY 11552 | MLS 3548560 | Listing Information | Berkshire Hathaway HomeServices Laffey International Realty | Berkshire Hathaway HomeServices Laffey International Realty
FOR SALE
$1,388,000  

633 Wadleigh Avenue
West Hempstead, NY 11552

Mixed Use, Business Opportunities
Commercial
2,200
Sq. Ft.
0.41
Acres Lot
Listing by: All Island Estates Realty Corp, 516-783-5600
Calling All Investors, Developers, & End-Users!!! Amazing Metal Scrap Yard For Sale!!! The Property Features A Warehouse, Huge Yard, High 12' Ceilings, Excellent Signage, Great Exposure, Outdoor Storage, Strong Zoning, 86 Parking Spaces, Separate Meters, Fenced Yard, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of West Hempstead & Has Been Home To A Successful Metal Recycling Facility For 100+ Years!!! The Property Is Situated 6 Blocks From Lakeview LIRR Station, 2 Blocks From Southern State Parkway & 5 Miles From JFK Airport!!! Neighbors Include NY Equestrian Center, The Home Depot, Stop & Shop, CubeSmart Self Storage, Dunkin', CVS, Regal Cinemas, Lidl, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 180' x 60' Yard: $84,000 Ann. 10' x 30' Yard (Contractor): $9,000 Ann. 20' x 60' Yard (Contractor): $19,200 Ann. Front Parking: $9,600 Ann. (Available) 30' x 30' Yard: $12,000 Ann. (Available) Office (600 Sqft.): $15,600 Ann. (Available) 2,000 Sqft. Warehouse(Contractor): $30,000 Ann. M-M. 30' x 30' Garage (Contractor): $12,000 Ann. M-M. Pro Forma Gross Income: $191,400 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,058 Ann. Taxes: $18,808 Ann. Total Expenses: $20,866 Ann. Net Operating Income (NOI): $170,714 Ann. (Pro Forma 12.3 Cap!!!)
3548560
Mixed Use, Business Opportunities, 1 Story
Nassau
1923
0.41 Acres
1
2,200 Sq. Ft.
Yes  - 36 spaces
2 Total
Exterior / Lot Features
Parking
36 Garage Spaces. 36 Parking Spaces.
Lot Dimensions
100x175
Zoning
Salvage
Financial Considerations
2089-35-424-00-0026-0
$18,808
Listing by: All Island Estates Realty Corp, 516-783-5600
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