New York, NY 10467

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 0.1 Acres

Financials

Price:$1,475,000
Annual Taxes:$12,285
505 Park Ave, New York, NY 10022
Listing Courtesy of Link NY Realty

3194 Webster Avenue Turn Key Mixed Use Investment.

Description

3194 Webster Avenue — Turn-Key Mixed-Use Investment. Over 10% CAP Rate. Fully leased property featuring five free-market residential units plus a strong retail storefront, delivering stable cash flow and immediate returns. Updated electrical and plumbing ensure low-maintenance ownership, while modern apartments and a thriving commercial tenant provide long-term stability. Additional income streams and storage/work areas make this a rare, high-yield opportunity with future upside.

Amenities

  • Electricity Available
  • Electricity Connected

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.