Available For Sale - Retail

12,480 SF | Show Pricing $

LISTED BY

Anthony Ferraro
RE/MAX Elite, 718-833-0921

AVAILABILITY DETAILS

Size
12,480 SF
Price/SF
Show Pricing $
Listing ID
SA531228
Notes
Rare Opportunity Knocking! Current Projected Cap rate at 5.2% is based on NNN Est. $40 sf/yr. , plus 2 cell tower tenants have just renewed their respective leases totaling $73,752 income annually. The retail and office space will be delivered vacant. Easy access to SI expressway and minutes to Outer Bridge, Goethals, Verrazano and Bayonne Bridges. 2200 Arthur Kill currently has a 12480 sqft, high ceiling retail/mezzanine style office building on a 50720 sqft blacktop lot with parking for approx.60 cars. At this time the building can work for retail or warehouse use, with commercial electric and plumbing service installed. Previously used for retail grocery operation. Current zoning as M2-1 and FAR of 2, a maximum build of 101,000 sqft can be obtained with the right build plan. M2-1 covers multiple use groups , see link attached. Check with your architect for possibilities.....Call today for more information.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Anthony Ferraro, RE/MAX Elite
BRE# 30FE0624212