Withheld Withheld St Brooklyn, NY 11228
- Land
- 2,700 SF
Current Use by Public Records
- Land
Property Details for 0 Withheld Withheld St
- Year built
- 1973
- Property size
- 2,700 SF
- Property type
- Land
Description
This exceptional Brooklyn, NY property offers a unique investment opportunity. The 2,700 square foot lot, situated at Withheld Withheld Street, 11228, in Kings (Brooklyn) County, presents a chance to acquire a thriving wholesale distribution business. Established over five years ago, this business specializes in disposable vape pens, Juul products, e-juice, and salt nic, boasting a substantial client base and a low-lease warehouse. The business enjoys a net income exceeding $1,000,000 annually (before owner add-backs), representing a 0.91% cap rate on the $1,099,000 asking price. The single-story, 1973-built structure features ceilings ranging from 11 to 15 feet in height. Financial details are available upon execution of a non-disclosure agreement and verification of funding. Current owners will provide training and agree to a non-compete agreement, ensuring a smooth transition. This is a rare chance to enter a rapidly expanding market with an established, profitable business. The property is located at 40.6137658 latitude, -74.0153231 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings (Brooklyn)
- State
- New York
- Longitude
- -74.0153
- Latitude
- 40.6138
