1325 M Street

Elmont, NY 11003

Calling All Investors, Developers & End-Users!!! 17,838 Sqft. 4 Unit Industrial Building Only 15 Minutes From JFK Airport For Sale!!! The Property Features Excellent Signage, Great Exposure, High 16’ Ceilings, 2 Roll-Up Drive In Bays, Light Manufacturing (710.24) Zoning, 28 Parking Spaces, Frontage On 3 Streets, Basement With 12’ Ceilings, 3 Phase Power, Side Yard, All New LED Lighting, CAC, +++!!! The Property Is Located In The Heart Of Elmont Near The Southern State Pkwy. Just Minutes From The Cross Island Pkwy.!!! The Building Has 339+ Feet Of Wrap-Around Frontage On Busy Meacham Avenue, M Street & N Street!!! Neighbors Include Audi, Starbucks, UPS, Verizon, The Home Depot, Target, Stop & Shop, CubeSmart Self Storage, AutoZone, CVS, T.J. Maxx, Walgreens, Marshalls, McDonald’s, Red Mango, Lidl, +++!!! This Property Offers HUGE Upside Potential!!! This Could Be Your Next Development Site/ The Next Home For Your Business!!! Income: Service Station Vending Equipment (2,100 Sqft.): $66,000 Ann.; 3% Ann. Inc.; Lease Exp.: 3/1/27. Stroller Company (500 Sqft.): $7,200 Ann.; M-M. No Limits Party Rental (4,200 Sqft.): $60,000 Ann.; 3% Ann. Inc.; Lease Exp.: 3/1/27. Office (1,100 Sqft.): $34,800 Ann.; 3% Ann. Inc.; Lease Exp.: 4/1/27. Can Be Delivered Vacant If Need Be. LL (10,000 Sqft., 12’ Ceiling Warehouse): $180,000 Ann. (Available) Pro Forma Gross Income: $348,000 Ann. Expenses: Gas: $2,400 Ann. Electric: $6,000 Ann. Maintenance & Repairs: $2,500 Ann. Insurance: $5,800 Ann. Snow & Landscape: $0 Ann. Water: $382 Ann. Taxes: $72,483.51 Ann. Total Expenses: $91,365.51 Ann. Pro Forma Net Operating Income (NOI): $256,634.49 Ann.

Listing courtesy of All Island Estates Realty Corp [email protected]


Based on information submitted to the MLS GRID as of 2025-04-29 08:40 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.