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Selected Property

25,250 sq ft buildings on 47,000 Sq. ft. Plot

LOCATION: 118-20 29TH AVENUE/ 29-16 120TH STREET COLLEGE POINT

25,250 SQUARE FOOT BUILDINGS ON A 47,000 SQUARE FOOT PLOT ZONE: M2-1 INVESTMENT PROPERTY FOR SALE RENTAL INCOME: $494,928.00/ PER ANNUM WITH INCREASES REAL ESTAT TAXES: $91,560.00 SALE PRICE: $8,000,000.00 118-20 29TH AVENUE COLLEGE POINT, N.Y. 6,000 SQUARE FOOT TWO (2) STORY BUILDING WITH APPROXIMATELY 13,000 SQUARE FOOT FENCED PAVED YARD FIREPROOF CONSTRUCTION FULLY SPRINKLERED 16’ FOOT CEILING HEIGHT COLUMN FREE HEAVY AMPS ONE (1) DRIVE-IN DOOR 3,000 SQUARE FEET OF 2ND FLOOR OFFICES RENTAL INCOME: $117,864.00 / YEAR WITH THREE (3%) ESCALATIONS EACH YEAR TENANT HAS FOUR (4) FIVE (5) YEAR OPTIONS 29-16 120TH STREET COLLEGE POINT, N.Y. 19,250 SQUARE FOOT BUILDING WITH APPROXIMATELY 16,000 SQUARE FOOT FENCED PAVED YARD FIREPROOF CONSTRUCTION FULLY SPRINKLERED 38’ FOOT CEILING HEIGHT HEAVY AMPS EIGHT (8) DRIVE IN DOORS 4,500 SQUARE FEET OF FINISHED 2ND FLOOR OFFICE SPACE RENTAL INCOME: $377,064 WITH THREE (3%) ESCALATIONS FOR THE NEXT FIVE (5) YEARS FOR FURHTER INFORMATION OR INSPECTION CONTACT: EXCLUSIVE AGENTS FINA GONZALEZ/ JOSEPH HENTZE HENTZE-DOR REALTY, LLC.

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Property details:

Building Size:

47,000 SQ. FT.

Yard size:

16,000 SQ. FT.

Sale price:

$8,000,000

Lease price:

$0,100

Taxes:

91,560.00

Zoning:

M2-1

Block/Lot:

4346-10

Agent(s):

For further information or inspection, contact Broker(s)

JOSEPH HENTZE

Tel. (718) 786-5151

Extension 104

E-mail

FINA GONZALEZ

Tel. (718) 786-5151

Extension 110

Cellular

718-786-5151

E-mail