- 7,890 square foot land area (footprint)

- 8,000 square foot floor area (90% paved)

- 141 linear feet of full corner, double exposure (legal curb cuts both sides)

- ICAP Tax Abatement - $13,534* annual property tax. 24 of 25 years remaining regardless of improvements or assessments (subject to verification)

* (Tax class - 4; Assessment (TY 2016/17) - $287,550; Market value - $639,000; Billable assessed - $292,113; Tax rate - 10.65%; Tax before exemptions/Abatements - $31,128,; ICAP discount - $17,594; Annual property tax - $13,534)

PROPERTY FEATURES:

- Accommodates up to three commercial rental tenants

- Multiple designated entrances

- Maximum ceiling height - 17.5 ft

- Two bathrooms

- Upgraded new energy-saving LED overhead lighting fixtures

- Gas heating (fixed blowers)

- Upgraded 600 amp power supply

- Upgraded new electrical wiring, gas delivery and connections

- Video security monitoring system throughout

PROPERTY SPECIFICATIONS:

- Building class: F-5 (factory/industrial/light manufacturing)

- Zone: M1-1

- Property type: Pre-ACRIS (prior 1969)

- Commercial FAR: 1.0 (7,890 total BSF w/1,617 BSF available)

- Community facility FAR: 2.4 (18,936 BSF w/12,663 BSF available)

- Landmarked: No

- Community board: 1

- Year built: Original structure 1909. Additional structure 2016

- Comparative area lease rates (CARL): $25 - $50 sf

- Current CAP Rate (based on current configuration): 4-5%