55-03 Metropolitan Ave_Cover_initials_LQ - Agorafy
Ridgewood, Queens Vacant Mixed-Use Building
EXCLUSIVE LISTING
55-03 Metropolitan Avenue Queens, NY 11385
Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 Tel: (212) 226-9000 Baruch Edelkopf [email protected] (646) 278-4672
Mike Rybinskov [email protected] (646) 278-4639
Investment Summary
ADDRESS:
55-03 METROPOLITAN AVENUE, QUEENS, NY 11385 BETWEEN ANDREWS AVENUE AND 55TH STREET
DESCRIPTION:
A VACANT TWO-STORY, WALK-UP, MIXED-USE BUILDING CONSISTING OF ONE COMMERCIAL UNIT AND TWO RESIDENTIAL UNITS.
LOT SIZE:
20’ X 100’
LOT AREA: 2,000 SF
BUILT SIZE:
20’ X 55’
BUILT AREA: 2,492 SF
ADD’L BUILDABLE SF: 1,508 SF
TOTAL BUILDABLE SF: 4,000 SF
ZONING:
C2-4/R6B
F.A.R: 2.0
LAYOUT:
1/3.5, 1/5, 1/RETAIL TOTAL APTS: 2
TOTAL ASSESSMENT: $21,560
TOTAL ROOMS: 8.5
TOTAL RETAIL: 1
BLOCK/LOT: 2640/05
TAXES (14/15):
$4,130
PRICE:
$825,000
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 TO GLOVER CLEVELAND HIGH SCHOOL. THE PROPERTY HAS BEEN RENOVATED AND THE OWNER OCCUPIES THE APARTMENT ON THE 2ND FLOOR. THE BUILDING WILL BE DELIVERED VACANT AT CLOSING. (SEE BELOW FOR PROJECTED RENT ROLL)
ALL CASH
PROPERTY OVERVIEW
($331/SF)
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.
1
Investment Summary 55-03 METROPOLITAN AVENUE PROJECTED RENT ROLL:
APT RETAIL* APT 1* 2ND FLOOR** TOTAL
ROOMS 3.5 5
SQ 500 SQ FT 900 SQ FT 1100 SQ FT
STATUS VACANT MTM 5 YR LEASE
RENT/MO $ 1,500 $ 1,400 $ 2,200 $ 5,100
RENT/YR $ 18,000 $ 16,800 $ 26,400 $ 61,200
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
*RENT PROJECTED **OWNER OCCUPIED; DELIVERED VACANT
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EXCLUSIVE LISTING
55-03 Metropolitan Avenue Queens, NY 11385
Epic Commercial Realty 580 Broadway, Suite 1107 New York, NY 10012 Tel: (212) 226-9000 Baruch Edelkopf [email protected] (646) 278-4672
Mike Rybinskov [email protected] (646) 278-4639
Investment Summary
ADDRESS:
55-03 METROPOLITAN AVENUE, QUEENS, NY 11385 BETWEEN ANDREWS AVENUE AND 55TH STREET
DESCRIPTION:
A VACANT TWO-STORY, WALK-UP, MIXED-USE BUILDING CONSISTING OF ONE COMMERCIAL UNIT AND TWO RESIDENTIAL UNITS.
LOT SIZE:
20’ X 100’
LOT AREA: 2,000 SF
BUILT SIZE:
20’ X 55’
BUILT AREA: 2,492 SF
ADD’L BUILDABLE SF: 1,508 SF
TOTAL BUILDABLE SF: 4,000 SF
ZONING:
C2-4/R6B
F.A.R: 2.0
LAYOUT:
1/3.5, 1/5, 1/RETAIL TOTAL APTS: 2
TOTAL ASSESSMENT: $21,560
TOTAL ROOMS: 8.5
TOTAL RETAIL: 1
BLOCK/LOT: 2640/05
TAXES (14/15):
$4,130
PRICE:
$825,000
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 TO GLOVER CLEVELAND HIGH SCHOOL. THE PROPERTY HAS BEEN RENOVATED AND THE OWNER OCCUPIES THE APARTMENT ON THE 2ND FLOOR. THE BUILDING WILL BE DELIVERED VACANT AT CLOSING. (SEE BELOW FOR PROJECTED RENT ROLL)
ALL CASH
PROPERTY OVERVIEW
($331/SF)
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.
1
Investment Summary 55-03 METROPOLITAN AVENUE PROJECTED RENT ROLL:
APT RETAIL* APT 1* 2ND FLOOR** TOTAL
ROOMS 3.5 5
SQ 500 SQ FT 900 SQ FT 1100 SQ FT
STATUS VACANT MTM 5 YR LEASE
RENT/MO $ 1,500 $ 1,400 $ 2,200 $ 5,100
RENT/YR $ 18,000 $ 16,800 $ 26,400 $ 61,200
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
*RENT PROJECTED **OWNER OCCUPIED; DELIVERED VACANT
2
