11625 Broadway St, Alden, NY
1,500 SF commercial property on 75 acres for sale.
- Added:
- Dec 15, 2022
- Days on Market:
- 1290
- Last Refresh:
- May 20 at 9:38 pm
Property Features for 11625 Broadway St
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.47 Acres
- Property subtype
- INDUSTRIAL
Listing office Saperston Real Estate Corporation (716) 847-1100
Listing date Dec 15, 2022
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Saperston Real Estate Corporation
HighLights
- 75 acres
- Ideal for car repair
- Features a large grade door
- 1,500 sf
- Equipped with 220 3 phase
- Includes drains
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.9k | $14.40 |
| − Vacancy | −$2.8k | −$1.56 |
| EGI | $23.1k | $12.84 |
| − OpEx | −$6.9k | −$3.85 |
| NOI | $16.2k | $8.99 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Bonnie Lake Storage — 11565 Broadway, Alden, NY 14004
Location Insight
- Map
- Local Demand
- City
- Alden
- County
- Erie
- State
- New York
- Longitude
- -78.5535
- Latitude
- 42.8919
