Excellent investment mixed use 3 story building , store plus 2 apartments fully occupied and a finished basement , excellent income 6.2 Cap Rate , very busy commercial area on Northern Blvd and 108th Street , close major highway .
Three-story mixed-use building with an adjacent tire shop situated on a corner lot with a lot size of 5,500 SF. It includes one commercial unit on the ground floor, two residential units on the upper floors, and a tire shop on the adjacent lot. All units are currently leased, and tenants are responsible for their own utilities, gas, and electricity are sub-metered. The property was well-maintained, the roof was replaced 10 years ago and remains in good condition. The property is zoned R6A, C2-4, offering the potential for further development. The property is in a prime location, highly accessible, with a variety of amenities and services nearby.
Well-maintained Solid Brick Building with 1 Commercial Stores & 2 Apartments(both 2Bedrooms) Store Has 9 Years Lease Remains, With 20x63 depth of the building at A OUTSTANDING LOCATION!!!!Very Low Tax!
This property has 13 apartments and 5 parking spots, including an antenna tower on the roof. It is a hidden GEM in an area that has the fastest growth. In the city there is a development going on from that location all the way to city field. There are billions being spent on development in the whole area which includes La Guardia airport and the worldwide attraction, U.S. tennis court, in Flushing Meadows, Corona park. There is a growth of 11%. Its near shopping, restaurants, Schools, entertainment, Only 3 Blocks from the Subway and Buses.
