2200 Arthur Kill Rd Listing Details & Market Data

Strategically located Development opportunity! With Easy access to SI expressway and minutes to 440, Outer Bridge Crossing ,Goethals, Verrazano and Bayonne Bridges.Rare Opportunity Knocking! Current Projected Cap rate at 5.2% is based on NNN Est. $40 sf/yr. , plus 2 cell tower tenants have just renewed their respective leases totaling $73,752 income annually. The retail and office space will be delivered vacant. Easy access to SI expressway and minutes to Outer Bridge, Goethals, Verrazano and Bayonne Bridges. 2200 Arthur Kill currently has a 12480 sqft, high ceiling retail/mezzanine style office building on a 50720 sqft blacktop lot with parking for approx.60 cars. At this time the building can work for retail or warehouse use, with commercial electric and plumbing service installed. Previously used for retail grocery operation. Current zoning as M2-1 and FAR of 2, a maximum build of 101,000 sqft can be obtained with the right build plan. M2-1 covers multiple use groups , see link attached. Check with your architect for possibilities.....Call today for more information.