Nest Seekers International

· Current Income $151,500/year.  Current Expenses $20,484/year. 

Building # 1--Store + Two 3BR apartments and great roof deck.

Building # 2--Three 2BR apartments (Ground Floor Apt can be turned

                    into a store.

 * Busy Long Island City/Hunters Point Retail Strip Near Subways--7 & G Trains and Buses.

*  Great Building FOR USER—Store has short lease.  + Both Buildings Have Under Market Rents.  GOOD UPSIDE HERE!!

·    GREAT FOR DEVELOPER.  Both Buildings Can Be Delivered VACANT.   Three story 25’x39’ Bldg on 25’x90’ Lot

*    There is a $575,000 assumable mortgage with Chase at 4.25% with 4 years left.

·   C2-5/R7X/LIC Wide Street Zoning.   5.0 FAR—now only 40% utilized with 6076sf built& 10,625sf build able.

Asking Price: $2,350,000 (for the package--both buildings)

· Call Harvey Heit, Associate Broker at 917-748-4810 for a detailed setup & to make an appointment to see the buildings.  

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