Price Reduced 4.73%

$2,275,000

Pending

Est. Mortgage $11,504/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

Price History

$2,388,000
3/25/2024

$2,275,000
4/19/2024

627-635 Wadleigh Avenue, Hempstead, (West Hempstead), NY, 11552

627-635 Wadleigh Avenue, Hempstead, (West Hempstead), NY, 11552
View larger map Directions

1 Full baths

1926

Calling All Investors, Developers, & End-Users!!! Amazing 10 Unit Metal Scrap Yard For Sale!!! The Property Features A Warehouse, Huge Yard, 3 Br. 1.5 Bath House, High 12' Ceilings, Excellent Signage, Great Exposure, 3 Lots, Garage, Outdoor Storage, Strong Zoning, 86 Parking Spaces, Separate Meters, Private Driveway, Fenced Yard, 3 Phase Power, All New LED Lighting, A/C, +++!!! The Property Is Located In The Heart Of West Hempstead & Has Been Home To A Successful Metal Recycling Facility For 100+ Years!!! The Property Is Situated 6 Blocks From Lakeview LIRR Station, 2 Blocks From Southern State Parkway & 5 Miles From JFK Airport!!! Neighbors Include NY Equestrian Center, The Home Depot, Stop & Shop, CubeSmart Self Storage, Dunkin', CVS, Regal Cinemas, Lidl, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site Or The Next Home For Your Business!!! Income: 180' x 60' Yard: $84,000 Ann. 10' x 30' Yard (Contractor): $9,000 Ann. 20' x 60' Yard (Contractor): $19,200 Ann. Front Parking: $9,600 Ann. (Available) 30' x 30' Yard: $12,000 Ann. (Available) Office (600 Sqft.): $15,600 Ann. (Available) 2,000 Sqft. Warehouse(Contractor): $30,000 Ann. M-M. 30' x 30' Garage (Contractor): $12,000 Ann. M-M. 3 Br., 1.5 Bath House: $39,000 Ann. + Utilities. M-M. Been Here 5+ Years So Far. Full Basement. Pro Forma Gross Income: $230,400 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $3,058 Ann. Taxes: $35,438.17 Ann. Total Expenses: $38,496.17 Ann. Net Operating Income (NOI): $191,903.83 Ann. (Pro Forma 8.77 Cap!!!)

Status:

Pending

Town:

Hempstead

Type:

Commercial

Units:

10

Heating:

Natural Gas

Levels:

1

Parking:

86-car

Est. Taxes:

$35,438

Days on Market:

214

MLS #:

3540307

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

$2,180,000

2873-2879 Long Beach Road, Hempstead, (Oceanside), NY, 11572

$2,380,000

2002 Jericho Turnpike, Old Westbury, (New Hyde Park), NY, 11040

Price Reduced!

$2,500,000

26-32 Bond Street, Old Westbury, (Westbury), NY, 11590

Price Reduced!

$2,100,000

519-521 Middle Neck Road, #2, Old Westbury, (Great Neck), NY, 11023

$2,100,000

253 Sea Cliff Avenue, Oyster Bay, (Sea Cliff), NY, 11579

$2,500,000

55 E Merrick Road, Hempstead, (Valley Stream), NY, 11580

$2,500,000

457 Long Beach Boulevard, Hempstead, (Long Beach), NY, 11561

Price Reduced!

$2,150,000

154 Front, Hempstead, NY, 11550

$2,500,000

470-472 Westbury Avenue, Old Westbury, (Carle Place), NY, 11514

$2,380,000

275 Hempstead Tpke, Hempstead, (West Hempstead), NY, 11552

$2,350,000

1599 Grand Avenue, Hempstead, (North Baldwin), NY, 11510

$2,388,000

3451 Long Beach Road, Hempstead, (Oceanside), NY, 11572

$2,200,000

32-38 Atlantic Avenue, Hempstead, (Lynbrook), NY, 11563

Price Reduced!

$2,500,000

1285 Hempstead Turnpike, Hempstead, (Elmont), NY, 11003

Price Reduced!

$2,300,000

908-912B Hempstead Turnpike, Hempstead, (Franklin Square), NY, 11010

Price Reduced!

$2,149,000

79 Hempstead Turnpike, Hempstead, (West Hempstead), NY, 11552

New or Coming Soon Properties

New Listing!

$2,590,000

149-51 Roosevelt Avenue, New York, (Flushing), NY, 11354

New Listing!

$2,499,999

150-23 Barclay Avenue, #2nd FL, New York, (Flushing), NY, 11355

New Listing!

$2,500,000

8 beds

5.5 baths

160 East 105th Street, New York, (East Harlem), NY, 10029

Coming Soon!

$2,199,000

603 WOODWARD NE, New York, (Ridgewood), NY, 11385

New Listing!

$1,950,000

524-526 N Bedford Road, Bedford Hills, NY, 10507

New Listing!

$2,497,500

6 N Water Street, Greenwich, NY, 06830

Price Reduced!

$2,388,888

63-14 23 Avenue, New York, (Brooklyn), NY, 11204

New Listing!

$1,998,000

95-09 57 Ave, New York, (Elmhurst), NY, 11373

New Listing!

$2,500,000

524 Montauk Highway, Southampton, (East Quogue), NY, 11942

New Listing!

$2,200,000

41 Hawthorne Avenue, Yonkers, NY, 10701

New Listing!

$2,500,000

218-02 Hillside Avenue, New York, (Queens Village), NY, 11427

New Listing!

$2,600,000

36-16 30 Street, New York, (Long Island City), NY, 11106

New Listing!

$2,349,000

3076 33rd Street, New York, (Astoria), NY, 11102

New Listing!

$2,199,000

37-43 59 Street, New York, (Woodside), NY, 11377

New Listing!

$2,500,000

999 Main St, Other, NY, 99999

New Listing!

$1,898,000

1298 Halsey Street, New York, (Brooklyn), NY, 11237


Listing courtesy of All Island Estates Realty Corp 516-783-5600