165 S Platt St
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165 S Platt St
2 Properties Offered at $3,900,000 in Albion, NY
Executive Summary
Attention all investors or Owner occupants. Over 157,000 sq ft of multiple Units, Warehouses, Offices Plus Storage 32 Fully Leased Storage Units with Long term tenants with good standing rental history. All separate utilities and parking. Pizza shop, Billiard shop ETC. Availability of 64,000 sq ft of Warehouse and Offices, 3 docks plus drive-in door is available for Owner use. 3+ Acres of Parking Lot.
Taxes & Operating Expenses (Actual - 2023) |
Annual |
|---|---|
| Gross Rental Income |
$365,801
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$365,801
|
| Taxes |
$62,692
|
| Operating Expenses |
$36,321
|
| Total Expenses |
$99,013
|
| Net Operating Income |
$266,788
|
Taxes & Operating Expenses (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $365,801 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $365,801 |
| Taxes | |
|---|---|
| Annual | $62,692 |
| Operating Expenses | |
|---|---|
| Annual | $36,321 |
| Total Expenses | |
|---|---|
| Annual | $99,013 |
| Net Operating Income | |
|---|---|
| Annual | $266,788 |
Property Facts
| Price | $3,900,000 | Status | Active |
| Price / SF | $21.52 / SF | Number of Properties | 2 |
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.83% | Total Building Size | 181,200 SF |
| Sale Type | Investment or Owner User | Total Land Area | 9.92 AC |
| Price | $3,900,000 |
| Price / SF | $21.52 / SF |
| Sale Conditions | Bulk/Portfolio Sale |
| Cap Rate | 6.83% |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 181,200 SF |
| Total Land Area | 9.92 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 165 S Platt St, Albion, NY 14411 | Industrial | 64,200 SF | 1955 | - |
| 225-227 East Ave, Albion, NY 14411 | Specialty | 117,000 SF | 1950 | - |
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165 S Platt St
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