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Mixed Use Sunnyside

Web ID 40481

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Harvey Heit, MBA
Long Island City & NYC Buyers & Tenants Agent & Associate Broker
Phone: 917.748.4810
Mobile: 917.748.4810
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New 10 Family + Store in Fantastic Sunnyside, Queens 1 Block From 7Train--7%Cap Rate!

Queens Blvd and 47th Street Sunnyside,NY 11104
Sunnyside NY 11104
Cross street: 47th Street and Greenpoint Ave
Floor: 4th



10 Family + Store.  New Construction & Non Rent Stabilized in great Sunnyside, Queens location--1 block from 7 Train at 46 Street, Bliss Station.


Each apartment and the store have their own separate furnace and hot water tanks--ie. tenants pay their own heat, hot water & electric--Low expenses for the owner.

Plus Real Estate Taxes are abated and only  currently $3000/year. 

Building is a great income producer with GREAT UPSIDE POTENTIAL--Sunnyside, Queens voted BEST NYC Neighborhood in 2011 by Time Out and New York Magazine. 

1800sf store with Full Basement + One 2BR Apt + Nine 1BR Apts. 

2nd & 3rd Floor Apartments have balconies on the front and back of the building.

Current Rent Roll--$18,900/month, $226,800/year. 

Operating Expenses--ONLY $18,700/year

ASKING PRICE--$2,900,000 + 2% Buyers Broker Real Estate Commission.


Call Harvey Heit, LIC/NYC BUYER'S AGENT and BUYERS BROKER* at 917-748-4810 for more info and to make an appointment to see the property. 

Seller’s Agent represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent with designated agents representing seller/owner and buyer/tenant. Buyer’s Agent* represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Broker treats all parties fairly and honestly. Broker actively supports equal housing opportunities.

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description nor as  exclusive listings of the Broker. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to broker. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million.

 
 
 

 

 
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Price: $2,900,000

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Property
Ownership:For Sale
Type:Mixed Use
Floor:4th
Rooms:30
Bedrooms:11 BR
Bathrooms:11
Pets:Unknown
Area:10000 sq ft


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

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