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6% Cap Rate w/50 + year Established Business 145-151 Toledo 9,000 SF Industrial Building Farmingdale, NY 11735 $2,880,000 ($320/SF) 6% Cap Rate
Executive Summary
Sale Lease Back Investment | 6% Cap Rate w/50+ year established business | +/- 10-year term
9,600 sq. ft. on 0.56 Acres
13' Clear Ceiling Height
Naturally divides into two 4,800 sq. ft. units.
Gas Heat/Connected to sewers
Currently under IDA
9,600 sq. ft. on 0.56 Acres
13' Clear Ceiling Height
Naturally divides into two 4,800 sq. ft. units.
Gas Heat/Connected to sewers
Currently under IDA
Property Facts
| Price | $2,880,000 | Lot Size | 0.50 AC |
| Price Per SF | $320 | Rentable Building Area | 9,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 1920 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 2/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | G | ||
| Price | $2,880,000 |
| Price Per SF | $320 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.50 AC |
| Rentable Building Area | 9,000 SF |
| No. Stories | 1 |
| Year Built | 1920 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | G |
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0100-096-00-03-00-041-000 | Improvements Assessment | $3,880 |
| Land Assessment | $1,670 | Total Assessment | $5,550 |
Property Taxes
Parcel Number
0100-096-00-03-00-041-000
Land Assessment
$1,670
Improvements Assessment
$3,880
Total Assessment
$5,550
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6% Cap Rate w/50 + year Established Business | 145-151 Toledo
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