22 Wave St - Light Manufacturing FOR SALE


Staten Island, NY 10304- Stapleton
$3,000,000 USD
917-974-8260
22 Wave St, Staten Island, NY for Sale
$3,000,000 USD
Light Manufacturing - FOR SALE
1/7
null | 6.2% Cap Rate

22 Wave St
Staten Island, NY 10304
Stapleton


HIGHLIGHTS

  • Currently M1 Zoning fully sprinklered building, but can be converted to 70 ft tall 30,000 sf residential, retail, office, light or heavy commercial
  • 300,000+ Sf 14 story residential building finishing construction across the street.

OVERVIEW

22 Wave Street /23 Sands st.for sale Staten Island N.Y.10304 asking price $ 3.2million - Possible owner financing or lease option available! M 1 zone changed NEW ZONING Bay street Corridor total sprinklered building 9,200 sq. ft. ground floor 2,200 sq ft 2nd floor street to street property 9,200 sq ft Can build 29,000 sq ft . 70 ft tall warehouse ,commercial , residential, office or retail can be delivered vacant existing tenants currently fully rented no leases approx. 6500 sq.ft. rent $106,800 per yr approx 1,800 sq ft rent $24,000 per yr approx 700 sq.ft rent $12,360 per yr 2nd fl approx 2,200 sq ft rent $28,200 per yr lease ends Oct.31 2023 total gross income $ 171,160.00 Expenses Insurance $8,000 per yr RE tax $36,00 per yr misc $1,000 per yr approx total expenses $ 45,000.00 approx. current net $ 128,160.00 contact Dean 917 974 8260 possible owner financing for 10 yrs 35% down

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

6.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

New zone 29,000 sq ft build 11,500 M-1 exist

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

ADD'L SUBTYPES

Storefront Retail/Residential, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

70 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.26

LAND SF

11,400

ZONING

M1

APN/PARCEL ID

00489-0019

ASK ABOUT THIS PROPERTY

Dean HoltermannDean HoltermannMore Info
917-974-8260

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Dean HoltermannDean HoltermannMore Info
917-974-8260

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