Property profile

56 John St Inwood, NY 11096

FOR SALE
Distribution centers
Property ID
US63-2213477
2,400 SF 0.14 ac lot Built 1968
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 56 John Street in Inwood, New York, presents a fantastic opportunity for businesses seeking a versatile warehouse space. The building boasts a generous 2,950 square feet of column-free warehouse space, providing ample room for storage, manufacturing, or distribution operations. The property sits on a 6,000 square foot lot and is zoned for Business X use, offering flexibility for a variety of commercial ventures. The warehouse features a 12-foot ceiling height, allowing for efficient storage and movement of goods. In addition to the expansive warehouse area, the property includes 10% office space, perfect for administrative functions or client meetings. Two bathrooms are conveniently located within the building. Recent upgrades include a new boiler, ensuring efficient and reliable heating. The property's strategic location offers easy access to major transportation routes, placing it in close proximity to JFK Airport and within minutes of banks, restaurants, and shops, providing convenience for employees and clients alike. This is a rare opportunity to acquire a well-maintained, functional warehouse in a prime location. Don't miss out on this chance to secure your business's future in this thriving area.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.14 ac (6,000 SF)
APN 40-045-00-0215
UPID US63-2213477

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

56 John St Inwood, NY 11096
Inwood metro Census 411000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$835k
CAP Approach CAP
$640k
Comparable Approach Comparable
by Request
Blend (final) Blend
$835k

Owner & transaction history

since 2024
Last sale
$835,000
1 recorded transaction
2024
$835,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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