New York, NY 11428

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: No Pets Allowed
Lot Size: 0.05 Acres

Financials

Price:$1,100,000
Annual Taxes:$7,467
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of S H V Real Estate Corp

Seize this rare and exceptional corner property, a versatile, fully occupied asset boasting super low annual taxes of only 7, 467.

Description

Seize this rare and exceptional corner property, a versatile, fully-occupied asset boasting super low annual taxes of only $7,467.60! This prime, legally configured Two-Family Residence with a Legal Storefront is a turnkey investment, currently operating with fully-paying tenants in all units. The residential portion features a massive 2,451 sq ft, including a two-bedroom unit and a studio apartment, while the 1,028 sq ft commercial space ensures stable income. The store is enhanced by two private, front-of-store parking spots—a major competitive advantage. Strategically located between Hillside Ave & Jamaica Ave, this property enjoys a protected position with no nearby competing stores, guaranteeing high visibility and exclusive market access. With its substantial square footage, low operating costs, and immediate cash flow, this unique offering represents a high-yield opportunity for any discerning investor seeking a solid, long-term asset.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water 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.