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Map
$6,588,000
●
House -
For Sale
20 Van Dam Street
Greenpoint, NY 11222
Studio
0 Bath
$36,226
Estimated Monthly
$0
HOA / Fees
-0.07%
Cap Rate
About This Property
Calling All Investors, Developers & End-Users!!! HUGE 17,790 Sqft.
Industrial Building With Gated Yard & Private Driveway For Sale!!!
The Property Features Great Exposure, Excellent Signage, 12 Parking
Spaces, Strong M3-1 Zoning, High 12' Ceilings, Freight Elevator,
Basement With 10' Ceilings, Separate Small Building In Rear Yard,
Loading Dock, Sprinklers, 3 Phase Power, All New LED Lighting, CAC,
+++!!! The Property Is Situated In The Heart Of Greenpoint Just A
Few Blocks From The BQE (I-278)!!! The Property Was Previously Home
To A Successful Furniture Manufacturer!!! Neighbors Include
Starbucks, Hilton Hotels, FedEx, The Home Depot, P.C. Richard &
Son, National Grid, Dunkin', CVS, Staples, McDonald's, Pep Boys,
Auto Zone, Restaurant Depot, Crunch Fitness, Blink Fitness, Key
Food, Wendy's, Dollar Tree, +++!!!!!! This Property Offers HUGE
Upside Potential!!! This Could Be Your Development Site / The
Next Home For Your Business!!! The Building Can Also Be Leased For
Only $30 Per Sqft. NNN!!! Income: First Floor (6,500
Sqft.): $195,000 Ann. NNN. (Available) Second Floor (5,700 Sqft.):
$171,000 Ann. NNN. (Available) LL + Rear Building (5,590 Sqft.):
$167,700 Ann. NNN. (Available) Driveway: $28,800 Ann. (Available)
Pro Forma Gross Income: $562,500 Ann. Expenses:
Insurance: $3,823 Ann. Taxes: $46,532.08 Ann. Total
Expenses: $52,538.08 Ann. Net Operating Income (NOI):
$512,144.92 Ann. (Pro Forma 7.77 Cap!!!)
Unit Size
-
Days on Market
337 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,878
HOA Dues
-
Year Built
1931
Listed By
Last updated: 5 months ago (OneKey MLS #ONE3481020)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 26, 2023 | Listed by All Island Estates Realty Corp | $6,588,000 | |
Listed by All Island Estates Realty Corp |
Property Highlights
Exterior Details
Property Information
Square Footage : 17790
Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1931
Building Information
Building Area Units: Square Feet
Lot Information
Lot Size Acres: 0.16
Lot Size Square Feet: 6930
Lot Size Dimensions: 72x96.25
Financial Details
Tax Annual Amount: $46,532
Location Details
Directions: Meeker Avenue to Van Dam Street
County or Parish: Brooklyn
Other Details
On Market Date: 2023-05-26
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
20 Van Dam Street
20 Van Dam Street, Brooklyn, NY 11222
- 1 Units
- 1 Unit for Sale