603 Chestnut St
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603 Chestnut St
13,920 SF Industrial Building Garden City, NY 11530 $4,100,000 ($295/SF)
Investment Highlights
- Delivered Vacant at Closing
- Exceptional Multi-Direction Across Long Island
- Heavy Power: 800A @ 480/270V
- 25-Minute Drive to JFK International Airport
Executive Summary
Cushman & Wakefield has been retained exclusively to market for sale, 603 Chestnut Street, Garden City. This industrial warehouse spans 13,920 square feet and is situated on a 17,424 square foot lot, including 8 parking spaces. The property boasts 15-foot clear ceiling height and is equipped with 800A @ 480/270V power. This single-story asset is situated in the Industrial (Y) zoning district in the Town of Hempstead.
The asset is currently owner-occupied, and will be delivered vacant at closing.
603 Chestnut Street offers exceptional multi-directional access across Long Island, thanks to its strategic proximity to the Meadowbrook State Parkway, Hempstead Turnpike, Old Country Road, and the Long Island Expressway. Furthermore, the property is conveniently located within a 5-minute drive of the Long Island Rail Road and a 25-minute drive to John F. Kennedy International Airport.
The asset is currently owner-occupied, and will be delivered vacant at closing.
603 Chestnut Street offers exceptional multi-directional access across Long Island, thanks to its strategic proximity to the Meadowbrook State Parkway, Hempstead Turnpike, Old Country Road, and the Long Island Expressway. Furthermore, the property is conveniently located within a 5-minute drive of the Long Island Rail Road and a 25-minute drive to John F. Kennedy International Airport.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $4,100,000 | Rentable Building Area | 13,920 SF |
| Price Per SF | $295 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.57/1,000 SF |
| Building Class | B | Clear Ceiling Height | 15 FT |
| Lot Size | 0.50 AC | No. Drive In / Grade-Level Doors | 1 |
| Price | $4,100,000 |
| Price Per SF | $295 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 0.50 AC |
| Rentable Building Area | 13,920 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Tenancy | Single |
| Parking Ratio | 0.57/1,000 SF |
| Clear Ceiling Height | 15 FT |
| No. Drive In / Grade-Level Doors | 1 |
Utilities
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 2089-34-112-00-0033-0 | Improvements Assessment | $5,262 |
| Land Assessment | $3,090 | Total Assessment | $8,352 |
PROPERTY TAXES
Parcel Number
2089-34-112-00-0033-0
Land Assessment
$3,090
Improvements Assessment
$5,262
Total Assessment
$8,352
zoning
| Zoning Code | Industrial (Y) |
| Industrial (Y) |
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Power Broker Daniel Abbondandolo -
John Giannuzzi -
Joegy Raju -
Victor Little -
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603 Chestnut St
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