55-13 Metropolitan Ave_Cover_initials_LQ - Agorafy

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Ridgewood, Queens Vacant-Gutted Mixed-Use Building Delivered with Approved Plans

EXCLUSIVE LISTING

55-13 Metropolitan Avenue Queens, NY 11385

Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 www.epic-cr.com Baruch Edelkopf (646) 278-4672 [email protected]

Mike Rybinskov (646) 278-4639 [email protected]

Investment Summary ADDRESS:

55-13 METROPOLITAN AVENUE, QUEENS NY 11385 BETWEEN ANDREWS AVENUE AND 55TH STREET

DESCRIPTION:

A VACANT AND GUTTED TWO STORY WALK-UP BUILDING CONSISTING OF ONE COMMERCIAL UNIT AND TWO RESIDENTIAL UNITS WITH APPROVED PLANS.

LOT SIZE:

20’ X 80’

LOT AREA: 1,600 SF

BUILT SIZE:

20’ X 55’

BUILT AREA: 2,200 SF

ADD’L BUILDABLE SF: 1,000 SF

TOTAL BUILDABLE SF: 3,200 SF

ZONING:

F.A.R: 2.0

C2-4/R6B

TOTAL ASSESSMENT: $21,560

BLOCK/LOT: 2640/05

TAXES (13/14):

$4,138

PRICE:

$800,000

REMARKS:

THE PROPERTY IS LOCATED ACROSS THE STREET FROM THE NEWLY BUILT PUBLIC SCHOOL, GERALDINE A. FERRARO CAMPUS, SERVING 616 STUDENTS FROM PRE-K TO FIFTH GRADE. IT IS ALSO NEXT DOOR IS GLOVER CLEVELAND HIGH SCHOOL. IT IS CURRENTLY VACANT AND GUTTED WITH NEW ELECTRIC SERVICE IN THE BUILDING. IT IS ONE BLOCK FROM THE Q54 BUS STOP.

ALL CASH

PROPERTY OVERVIEW

($250/BSF)

Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.

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Epic Commercial Realty Tel: 212.226.9000 Fax: 212.226.1972 580 Broadway, Suite 1107, New York, NY 10012 www.epic-cr.com Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no express representation is made nor is any implied as to the accuracy thereof and is subject to error, omissions, change of price, rental or other conditions, prior sale, rental or financing or withdrawal without notice. No warranties or representations are made as in the condition of the property of any hazards contained therein nor are any implied.

ADDITIONAL INFORMATION

Approved Plans

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