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Investment Highlights

  • Warehouse of 2,000 sf with a well-established wholesale business for sale.
  • Corner, brick building close to the L-train and M-train in Ridgewood!
  • M1-4D zoning with a total buildable of 4,998 sf, unused 2,999.

Executive Summary

Warehouse of 2,000 sf located within M1-4D zoning with a total buildable of 4,998 sf, unused 2,999 (please verify it with your own architect). Over 25 years in business with long-term trading partners, exclusive brands for the US market, and annual gross sales of $1,450,000. About M1 zoning: light industries typically found in M1 areas include woodworking shops, auto storage and repair shops, and wholesale service and storage facilities. In theory, nearly all industrial uses can be located in M1 areas if they meet the more stringent M1 performance standards. Offices, hotels, and most retail uses are also permitted. Certain community facilities, such as hospitals, are allowed in M1 districts only by special permit (must be independently verified by the buyer).

Property Facts

Price $1,550,000
Price Per SF $815.79
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
Building Class C
Lot Size 0.06 AC
Rentable Building Area 1,900 SF
No. Stories 1
Year Built 1931
Parking Ratio 0.53/1,000 SF
Clear Ceiling Height 13’
No. Drive In / Grade-Level Doors 1
Zoning M1-4D - Light manufacturing zoning district

Amenities

  • 24 Hour Access
  • Skylights
Exceptionally walkable
100/100
Somewhat drivable
20/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
03578-0063
Land Assessment
$45,000
Improvements Assessment
$121,500
Total Assessment
$166,500
  • Listing ID: 29723299

  • Date on Market: 10/6/2023

  • Last Updated:

  • Address: 1801 Decatur St, Flushing, NY 11385

Contact the Sale Advisor

1801 Decatur St

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