7000 19000 $138k $20 - Agorafy
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. October 20, 2014 11:10 AM
2252 Webster Avenue, Bronx, NY 10457 7,000 Sq. Ft. Commercial Building w/ 19,000 Sq. Ft. of Air Rights | FOR SALE
7,000
19,000
Building Size
$138k
SF of Air Rights
Gross Income
$20
$/SF OPERATING RENTS
PROPERTY INFORMATION Location
The subject property is located on the east side of Webster Avenue between E. 182nd and E. 183rd Streets
Address
2252 Webster Avenue, Bronx, NY 10457
Block (Lot)
3030 / 145
Stories
1
Units
3
Zoning (FAR)
R7-1 / C1-4
Lot Dimensions
72' x 90'
Lot Size
6,480
Building Dimensions
72' x 86'
Building Size
7,000
Sq. Ft. (Approx.)
Buildable Area
25,920
Sq. Ft. (Approx.)
Air Rights
18,920
Sq. Ft. (Approx.)
Assessment (14/15)
$117,540
Taxes (14/15)
$12,558
(4.00)
Sq. Ft. (Approx.)
TAX MAP
INVESTMENT HIGHLIGHTS Ariel Property Advisors presents 2252 Webster Avenue which is located on the east side of Webster Avenue between East 182nd and East 183rd Streets in the East Tremont section of The Bronx. 2252 Webster Avenue is a 7,000 square foot commercial building with approximately 19,000 square feet of air rights. Located on a major commercial thoroughfare the property is fully occupied with three (3) commercial tenants operating at $20 per square foot, leaving upside for potential investors. In addition, investors have the opportunity to reposition the asset into a retail taxpayer or alternatively, an owner user can occupy the entire space or claim a portion of the space while collecting rental income. Situated steps away from the B/D subway station, the property offers immediate access to Manhattan and the outer boroughs. Please contact our sales team for more information about this property or to schedule an inspection.
East 182 nd Stree t
Webster Avenue
145
3030 Park Avenue
EXPENSES: (ESTIMATED) Real Estate Taxes (14/15) RE Tax Reimbursement Water & Sewer Insurance
CURRENT ROLL Scheduled Gross Income: Less Vacancy Rate Reserve (2.0%): Gross Operating Income: Less Expenses: Net Operating Income:
$137,880 ($2,758) $135,122 ($21,605) $113,517
% of SGI Cap Rate
($8,791) Paid by Tenants $7,433
Fuel
Paid by Tenants
Electric
Paid by Tenants
Cleaning, Repairs, & Maintenance
16% 5.75%
$12,558
$5,000
Legal/Miscellaneous
$1,351
Management
$4,054
Gross Operating Expenses
Asking Price: $1,975,000 For More Information Please Contact Our Exclusive Sales Agents Jason M. Gold
Michael A. Tortorici
Scot Hirschfield
Marko Agbaba
212.544.9500 ext.22
212.544.9500 ext.13
212.544.9500 ext.16
212.544.9500 ext.32
[email protected]
[email protected]
[email protected]
[email protected]
Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 | 212.544.9500 | arielpa.com
$21,605
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. October 20, 2014 11:10 AM
2252 Webster Avenue, Bronx, NY 10457 7,000 Sq. Ft. Commercial Building w/ 19,000 Sq. Ft. of Air Rights | FOR SALE
SCHEDULED INCOME Current Rents Unit
Sq. Ft.
Actual/Projected
Rent $ / SF
Monthly Rent
Lease Exp.
Discount Store
3,000
Actual
Mosque
2,500
Actual
$16
$4,120
4/30/2016
$21
$4,370
9/30/2015
African Restaurant
1,500
Actual
$24
$3,000
12/31/2018
Total Monthly Rent
$11,490
Total Annual Rent
$137,880
Total # of Units
3
3D VIEW
LOCATION MAP
4
B D Subject Property
4 B D
4
3 B D
4
1
2 1 Bronx Zoo 2 Richman (Echo) Park 3 Quarry Ballfields
Metro Stations: 4 B D
Asking Price: $1,975,000 For More Information Please Contact Our Exclusive Sales Agents Jason M. Gold
Michael A. Tortorici
Scot Hirschfield
Marko Agbaba
212.544.9500 ext.22
212.544.9500 ext.13
212.544.9500 ext.16
212.544.9500 ext.32
[email protected]
[email protected]
[email protected]
[email protected]
Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 | 212.544.9500 | arielpa.com
2252 Webster Avenue, Bronx, NY 10457 7,000 Sq. Ft. Commercial Building w/ 19,000 Sq. Ft. of Air Rights | FOR SALE
7,000
19,000
Building Size
$138k
SF of Air Rights
Gross Income
$20
$/SF OPERATING RENTS
PROPERTY INFORMATION Location
The subject property is located on the east side of Webster Avenue between E. 182nd and E. 183rd Streets
Address
2252 Webster Avenue, Bronx, NY 10457
Block (Lot)
3030 / 145
Stories
1
Units
3
Zoning (FAR)
R7-1 / C1-4
Lot Dimensions
72' x 90'
Lot Size
6,480
Building Dimensions
72' x 86'
Building Size
7,000
Sq. Ft. (Approx.)
Buildable Area
25,920
Sq. Ft. (Approx.)
Air Rights
18,920
Sq. Ft. (Approx.)
Assessment (14/15)
$117,540
Taxes (14/15)
$12,558
(4.00)
Sq. Ft. (Approx.)
TAX MAP
INVESTMENT HIGHLIGHTS Ariel Property Advisors presents 2252 Webster Avenue which is located on the east side of Webster Avenue between East 182nd and East 183rd Streets in the East Tremont section of The Bronx. 2252 Webster Avenue is a 7,000 square foot commercial building with approximately 19,000 square feet of air rights. Located on a major commercial thoroughfare the property is fully occupied with three (3) commercial tenants operating at $20 per square foot, leaving upside for potential investors. In addition, investors have the opportunity to reposition the asset into a retail taxpayer or alternatively, an owner user can occupy the entire space or claim a portion of the space while collecting rental income. Situated steps away from the B/D subway station, the property offers immediate access to Manhattan and the outer boroughs. Please contact our sales team for more information about this property or to schedule an inspection.
East 182 nd Stree t
Webster Avenue
145
3030 Park Avenue
EXPENSES: (ESTIMATED) Real Estate Taxes (14/15) RE Tax Reimbursement Water & Sewer Insurance
CURRENT ROLL Scheduled Gross Income: Less Vacancy Rate Reserve (2.0%): Gross Operating Income: Less Expenses: Net Operating Income:
$137,880 ($2,758) $135,122 ($21,605) $113,517
% of SGI Cap Rate
($8,791) Paid by Tenants $7,433
Fuel
Paid by Tenants
Electric
Paid by Tenants
Cleaning, Repairs, & Maintenance
16% 5.75%
$12,558
$5,000
Legal/Miscellaneous
$1,351
Management
$4,054
Gross Operating Expenses
Asking Price: $1,975,000 For More Information Please Contact Our Exclusive Sales Agents Jason M. Gold
Michael A. Tortorici
Scot Hirschfield
Marko Agbaba
212.544.9500 ext.22
212.544.9500 ext.13
212.544.9500 ext.16
212.544.9500 ext.32
[email protected]
[email protected]
[email protected]
[email protected]
Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 | 212.544.9500 | arielpa.com
$21,605
The information contained herein has either been given to us by the owner of the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee the accuracy of any information provided herein. As an example, all zoning information, buildable footage estimates and indicated uses must be independently verified. Vacancy factors used herein are an arbitrary percentage used only as an example, and does not necessarily relate to actual vacancy, if any. The value of this prospective investment is dependent upon these estimates and assumptions made below, as well as the investment income, the tax bracket, and other factors which your tax advisor and/or legal counsel should evaluate. The prospective buyer should carefully verify each item of income, and all other information contained herein. October 20, 2014 11:10 AM
2252 Webster Avenue, Bronx, NY 10457 7,000 Sq. Ft. Commercial Building w/ 19,000 Sq. Ft. of Air Rights | FOR SALE
SCHEDULED INCOME Current Rents Unit
Sq. Ft.
Actual/Projected
Rent $ / SF
Monthly Rent
Lease Exp.
Discount Store
3,000
Actual
Mosque
2,500
Actual
$16
$4,120
4/30/2016
$21
$4,370
9/30/2015
African Restaurant
1,500
Actual
$24
$3,000
12/31/2018
Total Monthly Rent
$11,490
Total Annual Rent
$137,880
Total # of Units
3
3D VIEW
LOCATION MAP
4
B D Subject Property
4 B D
4
3 B D
4
1
2 1 Bronx Zoo 2 Richman (Echo) Park 3 Quarry Ballfields
Metro Stations: 4 B D
Asking Price: $1,975,000 For More Information Please Contact Our Exclusive Sales Agents Jason M. Gold
Michael A. Tortorici
Scot Hirschfield
Marko Agbaba
212.544.9500 ext.22
212.544.9500 ext.13
212.544.9500 ext.16
212.544.9500 ext.32
[email protected]
[email protected]
[email protected]
[email protected]
Ariel Property Advisors | Building Results | 122 East 42nd Street, Suite 1015 - New York NY 10168 | 212.544.9500 | arielpa.com
