property overview€¦ · property overview industrial for sale. each office independently owned...

Each Office Independently Owned and Operated https://KWCommercialDivisionNY.com

KW COMMERCIAL DIVISION NY212.203.782932-55 Francis Lewis BLVDFlushing, NY 11358

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

PATRICK O'BRIENSenior Managing Director0: [email protected] #10401267656

OFFERING SUMMARY

SALE PRICE: Priced Upon Request

LOT SIZE: .5 Acres

BUILDING SIZE: 12,000 SF

ZONING: Warehouse

TAXES $2.27 PSF

MARKET: Long Island

SUBMARKET: Deer Park

TRAFFIC COUNT: 21,264

SUITES: Four

PROPERTY OVERVIEW12,000 Sf industrial building for sale in the heart of the Deer Park. Thisbuilding is perfect for an end-user or an investor looking to repositionan asset and add value. The building features four separate units, butthe owner can also occupy the entire building. There are currently twotenants that are on a month to month leases that can either stay, orbuilding can be delivered vacant. The property has a cleanenvironmental as of 2015, that we'll disclose when in the contract.

LOCATION OVERVIEWRobust local demand has kept vacancies tight in the Long Island industrialmarket. With the scarcity of largescale logistics development in the pipeline,the vacancy levels should remain among the lowest in the National Index.For the most part, tenants in Long Island service the local community,including suburban Long Island, Brooklyn, and Queens. The New York Cityboroughs have seen a large share of industrial inventory leave the marketthrough conversions and ground-up redevelopment, along with sharpinflation in rental rates of remaining stock. The limited space for lease andhigh prices in the New York City counties has pushed companies to look toNassau and Suffolk for cheaper space, with average asking rents atapproximately $13/SF. Yet, the metro has plenty of competition within theGreater New York area, as major distribution hubs in Northern New Jerseyhave captured more demand than Long Island in this cycle.

205 Brook Avenue, Deer Park, NY 11729

PROPERTY OVERVIEW

INDUSTRIAL FOR SALE

https://KWCommercialDivisionNY.com






PROPERTY PHOTOS

INDUSTRIAL BUILDING FOR SALE







AERIAL MAPS

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PROPERTY SURVEY

INDUSTRIAL FOR SALE






NY #10401267656

PATRICK O'BRIEN

Senior Managing Director

[email protected]: 212.203.7829

PROFESSIONAL BACKGROUND

Patrick O'Brien is the Senior Managing Director of Keller Williams Real Estate-Commercial Division, a leading full-service commercialbrokerage firm specializing in corporate real estate services. A leader in the world of commercial real estate, Patrick is responsible forincorporating a full-service Commercial Real Estate Division at Keller Williams, one of the leading real estate firms in the world. As SeniorManaging Director, Patrick is responsible for strategic planning the company's day-to-day commercial operations that involve overseeingmultiple offices spanning across the NY Metro Area. Patrick created the idea of a commercial unit to take advantage of the referrals thatwere filtering out of the company's residential offices. Patrick has developed an excellent referral base of loyal clients, including severalnoteworthy offices/industrial leases and retail developments with national chains representing some of the most recognized names in thereal estate and business arena. As the Senior Managing Director for the KW Commercial Division, he represents all major property types,including office, industrial, retail, apartment, and land/development. He treats each assignment with commitment and focus, from asingle transaction in a local market to national and multi-market assignments. He will negotiate contracts, coordinate construction,provide both property management, as well as ongoing advisory services to satisfy your changing real estate needs. His breadth ofmarket knowledge and the use of innovative information and technology extends to all types of property transactions. His networkprovides his clients with a national outlet to sell or purchase properties throughout the United States.

Services for Landlords/Owners:● Acquisition/disposition strategies● Contract and lease administration● Assessment of leasing opportunities● Occupancy projections and budgeting● Qualification of prospects● Recommendations on pricing● Contract negotiation● Property sales and leasebacks

Services for Tenants/Buyers● Complete, thorough, detailed market analysis● Initial consultation and strategic planning● Evaluation of requirements● Market and comparative property analysis● Buy-lease-build consultation● Space expansion or consolidation● Contract negotiations and renewal

NYC - QUEENS/BAYSIDE32-55 Francis Lewis BLVD

Flushing, NY 11358212.203.7829


BROKER BIO

INDUSTRIAL FOR SALE


property overview€¦ · property overview industrial for sale. each office independently owned...

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