7416 Cypress Hills St
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7416 Cypress Hills St
3,672 SF Vacant Industrial Building Glendale, NY 11385 $1,688,888 ($460/SF)
Investment Highlights
- BUSY CORNER!
- END USER: SAVE MONEY ON RENT AND PUT YOUR BIZ HERE!
- GUT RENOVATED! TURN KEY!
- LANDLORD: HIGH YIELD RENT ROLL OPPORTUNITY!
- OPTION TO BY A 2ND LOT! 20ft X 56.25ft GARAGES FOR PARKING!
- 7 MINUTES TO THE JACKIE ROBINSON PARKWAY!
Executive Summary
TURN KEY! TURN KEY! TURN KEY!
(Yes, I co-broke*)
This is a FULLY COMMERCIAL CORNER Property, Currently Grandfathered in as F5- Light Manufacturing and can be Downsized in Zoning as multiple retail/offices, making this a HIGH YIELD Property! Area Zoning also allows this property to be converted to Residential (…so prep your favorite architect)*
HEAVY STREET TRAFFIC! BUSY FOOT TRAFFIC! VERY ACTIVE CYPRESS HILLS STREET CORNER! Only 7-Minutes away from the Jackie Robinson Parkway!
What makes this property STAND OUT is that it is BEYONDDD a vanilla box and was GUT RENOVATED…just set up ‘shop’ , signage, and start smiling at your piggy bank.
For an Investor, you can be the Landlord of ONE anchor/major commercial renter, MANY Retail/Offices, or Residential (after conversion)!
For an End User….c’mon, why pay one penny more in rent when you can move your business here!
Or be BOTH! Be an onsite Landlord and put your business on one floor and the tenant(s) on another!
Let’s not stop there….AND AN OPTION TO HAVE A SECOND LOT FOR $350K MORE! OWNER NEXT DOOR IS SELLING GARAGES!!!!
This is a ONE-OF-A-KIND OPPORTUNITY TO BE ABLE TO OWN BOTH LOTS! 3600/98 AND 3600/97 OR JUST THE CORNER SEPARATELY.
** It’s nice to have options in a market that is limited! **
JUST RENOVATED:
-NEW Roof
-NEW HVAC/ 7 SPLITS! Hybrid- Heating/Cooling
-NEW Windows
-(2) NEW Kitchenettes…perfect for water-cooler talk and office gossip!
-(2) NEW Half Baths. One on each floor.
-(2) 25 Gallon Water Tanks. One for each floor.
-NEW Flooring
-NEW Electric
-NEW Plumbing
-NEW Fire Escape
-NEW Pointing
-NEW Cement Work. ALL NEW SIDEWALK CEMENT WORK DONE.
-NEW Recessed Lighting
-NEW Doors
-NEW Garage Doors
-Fire Sprinklers
-NEW Sheet Rock
-NEW Stairs
Property Information: 7416 Cypress Hills St / $1,688,888
BBL: 4/3600/98
Building: 5ft X 83ft
Lot: 8.5ft X 112.17IRR
R5b / 3,672SF / Built 1931 / Taxes: $14,871.20
Land Information: 7413 65th Street / $350,000
BBL: 4/3600/97
Building Class: Garages / G0
Lot: 20ft X 56.25ft
1,125SF / Built 1950 / Taxes: $943.20
Both Lots:
Lot: 132.17ft LONG!
(Yes, I co-broke*)
This is a FULLY COMMERCIAL CORNER Property, Currently Grandfathered in as F5- Light Manufacturing and can be Downsized in Zoning as multiple retail/offices, making this a HIGH YIELD Property! Area Zoning also allows this property to be converted to Residential (…so prep your favorite architect)*
HEAVY STREET TRAFFIC! BUSY FOOT TRAFFIC! VERY ACTIVE CYPRESS HILLS STREET CORNER! Only 7-Minutes away from the Jackie Robinson Parkway!
What makes this property STAND OUT is that it is BEYONDDD a vanilla box and was GUT RENOVATED…just set up ‘shop’ , signage, and start smiling at your piggy bank.
For an Investor, you can be the Landlord of ONE anchor/major commercial renter, MANY Retail/Offices, or Residential (after conversion)!
For an End User….c’mon, why pay one penny more in rent when you can move your business here!
Or be BOTH! Be an onsite Landlord and put your business on one floor and the tenant(s) on another!
Let’s not stop there….AND AN OPTION TO HAVE A SECOND LOT FOR $350K MORE! OWNER NEXT DOOR IS SELLING GARAGES!!!!
This is a ONE-OF-A-KIND OPPORTUNITY TO BE ABLE TO OWN BOTH LOTS! 3600/98 AND 3600/97 OR JUST THE CORNER SEPARATELY.
** It’s nice to have options in a market that is limited! **
JUST RENOVATED:
-NEW Roof
-NEW HVAC/ 7 SPLITS! Hybrid- Heating/Cooling
-NEW Windows
-(2) NEW Kitchenettes…perfect for water-cooler talk and office gossip!
-(2) NEW Half Baths. One on each floor.
-(2) 25 Gallon Water Tanks. One for each floor.
-NEW Flooring
-NEW Electric
-NEW Plumbing
-NEW Fire Escape
-NEW Pointing
-NEW Cement Work. ALL NEW SIDEWALK CEMENT WORK DONE.
-NEW Recessed Lighting
-NEW Doors
-NEW Garage Doors
-Fire Sprinklers
-NEW Sheet Rock
-NEW Stairs
Property Information: 7416 Cypress Hills St / $1,688,888
BBL: 4/3600/98
Building: 5ft X 83ft
Lot: 8.5ft X 112.17IRR
R5b / 3,672SF / Built 1931 / Taxes: $14,871.20
Land Information: 7413 65th Street / $350,000
BBL: 4/3600/97
Building Class: Garages / G0
Lot: 20ft X 56.25ft
1,125SF / Built 1950 / Taxes: $943.20
Both Lots:
Lot: 132.17ft LONG!
Property Facts
Amenities
- Yard
- Recessed Lighting
- Air Conditioning
Utilities
- Lighting
- Water - City
- Sewer - City
- Heating - Electric
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Walk Score ®
Walker's Paradise (91)
Transit Score ®
Excellent Transit (80)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 03600-0098 | Improvements Assessment | $107,550 |
| Land Assessment | $32,850 | Total Assessment | $140,400 |
PROPERTY TAXES
Parcel Number
03600-0098
Land Assessment
$32,850
Improvements Assessment
$107,550
Total Assessment
$140,400
zoning
| Zoning Code | R5B (Fully Commercial in R5b residential zoning! GRANDFATHERED IN! Can have building zoning downsized to make into Retail/ Office spaces, or Residential.) |
| R5B (Fully Commercial in R5b residential zoning! GRANDFATHERED IN! Can have building zoning downsized to make into Retail/ Office spaces, or Residential.) |
-
Amberly Sclar -
BLT Minimax Realty Inc
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7416 Cypress Hills St
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