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165 S Platt St

2 Properties Offered at £3,051,555 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 £286,221
Other Income -
Vacancy Loss -
Effective Gross Income £286,221
Taxes £49,053
Operating Expenses £28,419
Total Expenses £77,473
Net Operating Income £208,748

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual £286,221
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual £286,221
Taxes
Annual £49,053
Operating Expenses
Annual £28,419
Total Expenses
Annual £77,473
Net Operating Income
Annual £208,748

Property Facts

Price £3,051,555
Price / SF £16.84 / SF
Sale Conditions Portfolio Sale
Net Initial Yield 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
225-227 East Ave, Albion, NY 14411 Speciality 117,000 SF 1950 -
165 S Platt St, Albion, NY 14411 Industrial 64,200 SF 1955 -
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  • Listing ID: 33446115

  • Date on Market: 04/10/2024

  • Last Updated:

  • Address: 165 S Platt St, Albion, NY

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