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$850,000
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Property Description
Calling All Investors, Developers, & End-Users!!! Amazing Metal Scrap Yard For Sale!!! The Property Features A Warehouse, Huge Yard, High 12' Ceilings, Excellent Signage, Great Exposure, Outdoor Storage, Strong Zoning, 86 Parking Spaces, Separate Meters, 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. (Available) 10' x 30' Yard (Contractor): $9,000 Ann. (Available) 20' x 60' Yard (Contractor): $19,200 Ann. (Available) 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. (Available) 30' x 30' Garage (Contractor): $12,000 Ann. (Available) Pro Forma Gross Income: $191,400 Ann. Expenses: Gas: $0 Ann. Electric: $0 Ann. Insurance: $2,058 Ann. Taxes: $18,808 Ann. Total Expenses: $20,866 Ann. Net Operating Income (NOI): $170,714 Ann. (Pro Forma 14.83 Cap!!!)
Full Property Details
Full Property Details for 633 Wadleigh Ave
General
- Sold For: $850,000
- Taxes: $18,808
- Status: Closed
- Type: Industrial
- Source: Long_Island
- MLS ID: L3548560
- Added to Site: 654 day(s) ago
Parking
- Total Spaces: 36
Location
- County: Nassau County
- Neighborhood: West Hempstead
- Cross Streets: Park Ave
- Driving Directions: Park Avenue
Utilities
- Electric Available: Yes
Structural Information
- Detached/Attached: Detached
- Stories/Levels: 1
- Stories in Building: 1
- Year Built: 1923
Lot Features
- Lot Size (Sq. Ft.): 17,899
- Lot Dimensions: 100 x 175
- Zoning: Salvage
Financial Considerations
- Tax Amount: $18,808
Disclosures and Reports
- Property ID: 2089-35-424-00-0026-0
- Block: 424
- Lot Number: 26
Listed and Sold by All Island Estates Realty Corp
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Schools
Schools serving 633 Wadleigh Ave
School District:West Hempstead Union Free School District
| Name | Grades | Distance |
|---|---|---|
West Hempstead High School 400 Nassau Boulevard, West Hempstead, NY 11552 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 633 Wadleigh Ave
Date
Details
Price
Change
Source
11/14/2024
Sold
$850,000
-26.09%
MLS
7/11/2024
Price Reduced
$1,150,000
-4.17%
MLS
6/13/2024
Price Reduced
$1,200,000
-13.54%
MLS
4/30/2024
Listed
$1,388,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
633 Wadleigh Avenue, West Hempstead, NY 11552 (MLS# L3548560) is a Industrial property that was sold at $850,000 on November 14, 2024. Want to learn more about 633 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.
