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6% Cap Rate w/50 + year Established Business 151 Toledo St 9,600 SF 100% Leased Industrial Building Farmingdale, NY 11735 $2,880,000 ($300/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 | 0.56 AC |
| Price Per SF | $300 | Rentable Building Area | 9,600 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 1966 |
| Property Type | Industrial | Clear Ceiling Height | 12’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | G | ||
| Price | $2,880,000 |
| Price Per SF | $300 |
| Sale Type | Investment |
| Cap Rate | 6% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.56 AC |
| Rentable Building Area | 9,600 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | G |
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Fairly walkable
40/100
Moderately drivable
70/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0100-096-00-03-00-046-001 | Improvements Assessment | $6,130 |
| Land Assessment | $2,410 | Total Assessment | $8,540 |
Property Taxes
Parcel Number
0100-096-00-03-00-046-001
Land Assessment
$2,410
Improvements Assessment
$6,130
Total Assessment
$8,540
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6% Cap Rate w/50 + year Established Business | 151 Toledo St