Calling All Investors, Developers & End-Users!!! 6,200 Sqft. Industrial Building + 1,400 Sqft. House For Sale Only 5 Minutes From JFK!!! The Property Features Great Exposure, Excellent Signage, 2 Drive-In Doors, 78 Parking Spaces, Multiple Offices, Waiting Room, High 14’ Ceilings, 3 Phase Power, 2 In-Ground Lifts, SprayBake Downdraft Spray Booth, Security Camera System, Alarm System, All New LED Lighting, Sprinklers, CAC, +++!!! The Property Has Been Home To A Successful Auto Body Business For 65+ Years!!! The Property Is Situated In The Heart Of The Springfield Gardens On Busy Guy R Brewer Blvd. Only 4 Blocks Off The Belt Pkwy.!!! Neighbors Include Walmart, The Home Depot, Stop & Shop, Target, Best Buy, Lowe’s Home Improvement, B.J.’s, BP Gas, McDonald’s, Dollar Tree, Aldi, Subway, Burger King, KFC, +++!!! The Property Has A Daily Traffic Count Of 6,800+ Vehicles Per Day!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Development Site Or The Next Home For Your Business!!! The Auto Body Business Can Also Be Bought For Only $800k!!!



Income:



T-Mobile Cell Tower: $25,536 Ann.; 3% Ann. Inc.; Lease Exp.: 2037.



146-10:



5,000 SQFT. Building + 3,000 Sqft. Yard Space: $300,000 Ann. M-M.



146-16:



Tire Shop (468 Sqft.): $30,000 Ann. M-M. Been Here 20+ Years So Far.



Towing Company (6,720 SQFT. Yard + 560 Sqft. Warehouse): $49,560 Ann. M-M.



146-20:



1st Floor Auto Parts Shop (700 Sqft.): $33,300 Ann. M-M.



2nd Floor (700 Sqft.): $28,600 Ann. (Available)



Pro Forma Gross Income: $466,966 Ann.



Expenses:



Gas: $0 Ann.



Electric: $0 Ann.



Maintenance & Repairs: $250 Ann.



Insurance: $5,680 Ann.



Water & Sewer: $1,200 Ann.



Taxes: $82,284.16 Ann.



Total Expenses: $89,414.16 Ann.



Net Operating Income (NOI): $377,551.84 Ann. (Pro Forma 6.45% Cap!!!)





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