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$2,275,000 Sale Pending
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Property Description
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!!!)
Full Property Details
Full Property Details for 627-635 Wadleigh Ave
General
- Price: $2,275,000
- Taxes: $35,438
- Status: Pending
- Type: Industrial
- Source: Long_Island
- MLS ID: L3540307
- Updated: 12/4/2024
- Added to Site: 666 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Parking
- Total Spaces: 86
Location
- County: Nassau County
- Neighborhood: West Hempstead
- Cross Streets: Park Avenue
- Driving Directions: Park Ave to Wadleigh Ave
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Electric Available: Yes
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 1
- Stories in Building: 1
- Building Size: 5000
- Year Built: 1926
Lot Features
- Lot Size (Sq. Ft.): 39,985
- Lot Dimensions: 100 x 139
- Zoning: Mixed Use
Financial Considerations
- Tax Amount: $35,438
Disclosures and Reports
- Property ID: 2089-35-424-00-0513-0
- Block: 424
- Lot Number: 513-15, 26
Listed by All Island Estates Realty Corp
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Price & Sales History for 627-635 Wadleigh Ave
Date
Details
Price
Change
Source
7/15/2025
Sold
$825,000
-63.74%
Public Record
4/19/2024
Price Reduced
$2,275,000
-4.73%
MLS
3/25/2024
Listed
$2,388,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 627-635 Wadleigh Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,869
242%
$395
-1%
2024
$3,176
-68%
$401
-2%
2023
$9,982
4%
$411
—
2022
$9,559
6%
$411
2%
2021
$9,030
11%
$401
-11%
2020
$8,112
—
$451
—
2019
$8,112
2%
$451
-6%
2018
$7,956
30%
$481
-6%
2016
$6,125
—
$511
-6%
2016
$6,125
—
$541
-10%
2016
$6,146
-7%
$600
16%
2014
$6,629
—
$517
-31%
2014
$6,629
—
$746
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 627-635 Wadleigh Ave
627-635 Wadleigh Avenue, West Hempstead, NY 11552 (MLS# L3540307) is a Industrial property. 627-635 Wadleigh Avenue is currently listed for $2,275,000 and was received on March 26, 2024. Want to learn more about 627-635 Wadleigh Avenue? Do you have questions about finding other Industrial real estate for sale in West Hempstead? You can browse all West Hempstead real estate or contact a Coldwell Banker agent to request more information.
