Property

Ownership: For Sale
Type: Duplex
Bedrooms: Studio
Bathrooms: 1
Pets: Pets No

Financials

Price:$1,550,000
Annual Taxes:$25,561
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of N & H Realty Group Inc

Description

Welcome to this corner mixed use opportunity featuring a ground floor retail unit with a second floor residential unit. The property was completely renovated in 2015 with new roof, plumbing and electric and a new c/o was finalized in 2017. The first floor lease generates 5970/month starting October 2025 with 3% lease increase with lease ending September 2027 (2 years remaining). The basement of approximately 1200 sf with high ceilings is included in the ground floor lease. The second floor consist of 3 nicely proportioned rooms, renovated kitchen and bathroom with large flat roof balcony. Easy maintenance and high returns. Investors welcomed!

Amenities

  • Electricity Connected
  • High Speed Internet
  • Natural Gas Connected

Welcome to this corner mixed use opportunity featuring a ground floor retail unit with a second floor residential unit.


    Long Island MLS

    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.