43-18 Greenpoint Avenue
Queens, NY 11104

Cross street:43rd Street

Building

Type:Low-rise
Era:Post-war
Floors:2

Property

Ownership: Mixed Use
Rooms: 4
Bedrooms: Studio
Pets: Pets Unknown

Financials

Price: $1,980,000
47-44 Vernon Blvd, Long Island City, NY 11101
Courtesy of Serene Powers Real Estate LLC

Description

Investment Opportunity in Thriving Sunnyside

Ground Floor:
Large flexible commercial space
This ground floor in a city area is ideal for a variety of businesses, including a retail
store, restaurant, lawyers office, or dry-clean store.
Top Floor:
Two spacious one-bedroom apartments
Modern renovations with private kitchens and bathrooms
Potential for strong rental income
Full Basement:
Fully furnished with ample storage space
Ideal for inventory, equipment, or additional income potential
Additional Highlights:
Building size: 2,200 SF
Building class: C
Year built/renovated: 1925/2019
Price: $1,980,000
Price per SF: $900
Cap rate: 7%
NOI: $138,600
Percent leased: Vacant (will be delivered vacant)
Location: 3 blocks from Queens Blvd and 7 Train
Prime Location:

Situated on a vibrant stretch of Greenpoint Ave, this property benefits from high foot traffic and convenient access to public transportation. The 7 train at Queens Blvd is just a short walk away, providing easy connections to Manhattan and beyond. The surrounding neighborhood is a dynamic mix of residential, retail, and commercial establishments, ensuring a steady stream of potential customers or tenants.

Investment Potential:

With its flexible layout, strong rental income potential, and prime location, 4318 Greenpoint Ave presents a compelling investment opportunity for savvy buyers. Whether youre looking for a retail space to launch your business, rental apartments to generate passive income, or a combination of both, this property has something to offer.

INVESTMENT HIGHLIGHTS
Will be Delivered Vacant
Newly Renovated Apartment Units
3 Blocks from Queens Blvd and 7 Train

This mixed-use gem in Sunnyside, Queens offers a prime location, versatile layout, and strong income potential. 4318 Greenpoint Ave boasts a charming storefront on the ground floor, perfect for a variety of retail or office uses. Above, two newly renovated one-bedroom apartments provide attractive residential options, each with its own private kitchen and bathroom.

Dont miss out on this chance to own a piece of thriving Sunnyside. Contact us today to schedule a viewing!





Amenities

  • Air Conditioning
  • Walk-up

Neighborhood

More listings:

Investment Opportunity in Thriving SunnysideGround Floor Large flexible commercial spaceThis ground floor in a city area is ideal for a variety of businesses, including a retailstore, restaurant, lawyers office, or ...


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.