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46-55 Metropolitan Ave
Ridgewood, NY 11385
Industrial Property For Sale
Investment Highlights
- Cash Flowing, 24-Unit Commercial Loft, Warehouse, and Retail Building at the Maspeth and East Williamsburg Border with no Tenant Arrears
- Two Functioning Freight and Passenger Elevators
- Three 8’ x 10’ Drive-In Bays
- Additional Upside in the Existing Rent Roll can be Capitalized on with Strategic Rent Increases and Capital Improvements
- Well Maintained Building with Recently Upgraded Electric and Gas Systems
- Located Within the North Brooklyn IBZ & 12-Minute Drive from Brooklyn Queens Expressway (I-278)
Property Facts
| Property Type | Industrial | No. Stories | 4 |
| Property Subtype | Manufacturing | Year Built | 1943 |
| Building Class | C | Clear Ceiling Height | 13’ |
| Lot Size | 0.26 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 36,000 SF | ||
| Zoning | M3-1 - M3 districts are designated for areas with heavy industries that generate noise, traffic or pollutants. | ||
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.26 AC |
| Rentable Building Area | 36,000 SF |
| No. Stories | 4 |
| Year Built | 1943 |
| Clear Ceiling Height | 13’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M3-1 - M3 districts are designated for areas with heavy industries that generate noise, traffic or pollutants. |
Amenities
- 24 Hour Access
- Controlled Access
- Front Loading
Utilities
- Gas
- Heating
Property Taxes
| Parcel Number | 02611-0503 | Improvements Assessment | $1,445,400 |
| Land Assessment | $258,750 | Total Assessment | $1,704,150 |
Property Taxes
Parcel Number
02611-0503
Land Assessment
$258,750
Improvements Assessment
$1,445,400
Total Assessment
$1,704,150
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