633 Wadleigh Ave West Hempstead, NY 11552

Price
$1,388,000
Listed On
Type
For Sale
Status
Active
633 Wadleigh Ave, West Hempstead, NY 11552
Asking  $1,388,000

Snapshot

Property Type
Other
Lot Size
0.41 acres
Property Sqft
MLS Number
3548560
Year Built
1923
Days On Market

Description

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!!!)

More Details

Provider
All Island Estates Realty Corp
MLS ID
MLSLINY
MLS Name
OneKey MLS
MLS Number
3548560
Source
listhub
PARTICIPANT
Name
Richard Matt Shane
Primary Phone
(516) 279-8828
Key
3YD-MLSLINY-176463
Email
matthewshane8828@gmail.com
BROKER
Name
All Island Estates Realty Corp
Phone
(516) 532-9184
OFFICE
Name
All Island Estates Realty Corp
Phone
(516) 783-5600
Copyright © 2024 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listed For Sale$1,388,000 All Island Estates Realty Corp
Report issue with price history

Nearby Schools

Elementary School

Chestnut Street School

0.7 miles awayKG - 01

High School

West Hempstead High School

1 miles away09 - 12

Middle School

West Hempstead Middle School

0.9 miles away06 - 08
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Get more info on 633 Wadleigh Ave, West Hempstead, NY 11552
Profile
Richard Matt Shane
Listing Agent
(516) 279-8828
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Richard Matt Shane
Listing Agent
(516) 279-8828
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.