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For Sale
Brooklyn
858 62nd Street

858 62nd Street

Brooklyn, NY 11220

$5,750,000

0.09 Acre

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858 62nd Street
Brooklyn, NY 11220

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Brooklyn / NY

Warehouse HIGHLIGHTS

Property Type

Commercial Sale, Warehouse
Year Built

1960
Cooling

Yes - Central Air
Heating

Yes - Natural Gas
Stories

2
RE Tax

$34,820

Listing courtesy of Richard Matt Shane of All Island Estates Realty Corp.

Calling All Investors, Developers & End-Users!!! 7,600 Sqft. Industrial Building With M1-1 Zoning For Sale In Sunset Park!!! The Property Features Excellent Signage, Great Exposure, High 16’ Ceilings, 12 Parking Spaces, 2 Roll-Up Drive-In Doors, Offices, M1-1 Zoning, 3 Phase Power, Security System, Large Driveway, 5 Skylights, All New LED Lighting, CAC +++!!! The Property Is Located In The Heart Of Sunset Park 4 Blocks Off I-278 & Minutes From The Verrazzano Bridge!!! Neighbors Include Chase Bank, Audi, BMW, Jeep-Dodge-Ram, Hyundai, Mazda, Starbucks, USPS, P.C. Richard & Son, Costco, Extra Space Storage, NYU Langone, Outback Steakhouse, Dunkin’, OrangeTheory Fitness, ShopRite, Staples, Wendy’s, Pollo Campero, KFC, +++!!! The Property Has 39’ Of Frontage On 62nd Street!!! The Entire Building Can Be Delivered Vacant If Need Be. This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!!

Income:

Warehouse (Right Side, 2,800 Sqft.): $120,000 Ann. (Available)

Warehouse (Left Side, 2,400 Sqft.): $110,000 Ann. (Available)

2nd Floor Office (1,600 Sqft.): $48,000 Ann. (Available)

Pro Forma Gross Income: $278,000 Ann.

Expenses:

Gas: $0 Ann.

Electric: $0 Ann.

Insurance: $3,823 Ann.

Maintenance/ Repairs: $250 Ann.

Water & Sewer: $560 Ann.

Taxes: $34,820.48 Ann.

Total Expenses: $39,453.48 Ann.

Pro Forma Net Operating Income (NOI): $238,546.52 Ann.

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858 62nd Street

Facts & Features

Acres

0.09 Acres
City Region

Brooklyn
Lot Size

4,000 Sqft

MLS #

923980
Property Type

Warehouse
Year Built

1960

Building Area Total

7600
Construction Materials

Block, Other
Number of Buildings

1

Total Number of Units

3
Total Stories

2
Year Built

1960

Total Parking

12

Annual Taxes

$34,820

Cooling

Yes - Central Air
Heating

Yes - Natural Gas

Business Type

Other, Warehouse
Cross Street

8th Avenue

Sewer

Public Sewer
Utilities

Natural Gas Available
Water Source

Public

Home Price

in US Dollars

Down Payment

Interest Rate

Mortgage Term

Total/Month

Principal & Interest
Property Taxes (monthly) $2,902

*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

858 62nd Street

Location

Nearby Transit

N Q W

at 8 Av
0.17 miles
N W Q

at Fort Hamilton Pkwy
0.26 miles

Data courtesy of LocalLogic.co

Neighborhood

Sunset Park

Sunset Park, Brooklyn is a diverse and dynamic neighborhood known for its cultural richness, historic architecture, and sweeping views of New York Harbor. The area’s namesake park sits atop one of Brooklyn’s highest points, offering...

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858 62nd Street

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