3120-3130 Rt-112 - Freestanding FOR SALE


Medford, NY 11763
$6,500,000 USD
718-480-1231
3120-3130 Rt-112, Medford, NY for Sale
$6,500,000 USD
Freestanding - FOR SALE
1/18
null | 8.68% Cap Rate

3120-3130 Rt-112
Medford, NY 11763


HIGHLIGHTS

  • INDUSTRIAL 4 ACRE
  • WAREHOUSE/RETAIL/OFFICE/PARKING.

OVERVIEW

Total of 4 acre of commercial land on busy Rt.112, MEDFORD. Owner Financing for 2.8M @ 6% for 5 year. Vision Real estate is retained to offer this industrial property very close to LIE. Multiple options for usage. The price is for combined three adjacent properties comprised of total 4 acre of lot size, which consists of 19,500 sqft warehouse on one lot which is currently leased for another 7 years at $15,000/ monthly Rent but can be deliver vacant at buyer request(depends on price) of 1.65 acre and other Two properties which is one storefront(vacant) and small warehouse(rented for 3800/mo. and have 9yrs lease) at rear & another 2-family house(Rented for 3800/month) sits on another 2.35 acre of lot size. Truck parking at back of property. Projected income $564,244

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

8.68%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Investment/ owner user

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Residential, Showroom, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

538

LAND DETAILS

LAND ACRES

4.08 AC

LAND SF

177,725 SF

ZONING

M1

APN/PARCEL ID

0200-631-00-01-00-019-000

ASK ABOUT THIS PROPERTY

Avnish KumarVision Real Estate ny LLCMore Info
718-480-1231

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Avnish KumarVision Real Estate ny LLCMore Info
718-480-1231

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.