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176 Maple Ave 11,248 SF 100% Leased Office Building Monsey, NY 10952 $8,069,312 CAD ($717.40 CAD/SF) 12.82% Cap Rate


Investment Highlights
- Convenient off-street parking for multiple vehicles.
- Prime Monsey Location convenient neighborhoods, close to shopping, schools, parks, and transportation.
Executive Summary
EXCEPTIONAL INVESTMENT OPPORTUNITY!! Be the LUCKY BUSINESS OWNER: De BEST Grocery store on MAPLE AVE, BUSY LOCATION....... An established GROCERY STORE, with tons of space to grow........ INCLUDES 1.5 million dollars worth of equipment, ready for a takeout, Bakery, meat, and fish department. This 11,248 square foot building has 22 offices, and has plenty of space to increase rental income. There are 24 parking spaces available. The new owner could increase the monthly income TO $200,000+ which would bring it closer to the current market value. Building has an expensive generator. Generate additional income by finishing the 5th floor and expand the supermarket with another 800 SF. Grab it before it's gone!! See Income and expenses in the Listing Documents Additional Information: Parking Features: 4+ Car Detached.
Property Facts
Sale Type
Investment
Property Type
Building Size
11,248 SF
Building Class
C
Year Built
2017
Price
$8,069,312 CAD
Price Per SF
$717.40 CAD
Cap Rate
12.82%
NOI
$1,034,639 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,749 SF
Building FAR
0.73
Lot Size
0.35 AC
Zoning
R-15 - Medium density district with a height limit of 40 feet
Parking
18 Spaces (1.6 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 392689-056-008-0003-056-000-0000 | Improvements Assessment | $237,703 CAD |
| Land Assessment | $21,062 CAD | Total Assessment | $258,765 CAD |
Property Taxes
Parcel Number
392689-056-008-0003-056-000-0000
Land Assessment
$21,062 CAD
Improvements Assessment
$237,703 CAD
Total Assessment
$258,765 CAD
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Presented by
Blue Sky Realty
176 Maple Ave
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