4428 State Route 94 6,240 SF Industrial Building Florida, NY 10921 $4,977,000 ($797.60/SF) 7.71% Cap Rate

This commercial property gives you the opportunity to own a cash cow investment, with 5.1 acres of commercial property leased for parking trucks, trailers, boats, RV's, used cars, a fully leased warehouse used as an auto repair shop, garages, and additionally it has 5 residential units. Great location, just 4 minutes 3.4 miles off the Exit 126 Florida NY. This is a value-added opportunity, Since all units are rented under fair market value. In a high demand area which it's a good & easy investment since it doesn't require much maintenance, management, or repairs. This property can be redeveloped for about 100,000 sq ft industrial building, or you can just keep all the structures and build about 40,000 sf warehouse building. Currently the property has storage and tenants in place generating a great monthly income. Property is sold together with 4430 NY 94 Florida NY, a single family residence next door. Owner is willing to negotiate pricing if the residential home is not needed.