New York, NY 11377

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Pets: No Pets Allowed

Financials

Price:$3,250,000
Annual Taxes:$17,249
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of NY Space Finders Inc

Offered for sale is a well maintained mixed use building located at 46 15 48th Avenue in Woodside, Queens.

Description

Offered for sale is a well maintained mixed use building located at 46-15 48th Avenue in Woodside, Queens. The property consists of five residential apartments plus one ground floor retail store, providing a stable income profile with upside through long term appreciation. Positioned on a residential block with convenient access to transportation, shopping, and major roadways, this asset is well suited for investors seeking a low management, turn key mixed use property in a strong Queens submarket. Property is tax class 2B (protected tax class). The residential units have been renovated with modern finishes that appeal to today’s renter, enhancing durability and tenant retention. The combination of upgraded apartments and street level retail creates diversified income while benefiting from consistent demand in Woodside, an area known for its proximity to Long Island City, Sunnyside, and Midtown Manhattan. Renovated Apartment Unit Features • Engineered hardwood floors. • Recessed lighting throughout. • Quartz countertops. • Brand new paneled appliances. • Custom kitchen cabinetry. • Luxury bathrooms with ceramic tilework. • Whisper quiet split unit HVAC systems. *The rent regulation status of the units in this building has not been verified by the seller. Prospective purchasers are advised to conduct their own due diligence and consult with appropriate professionals. Featured Commercial Sales.

Amenities

  • Cable - Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available

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.