Roosevelt Avenue Mixed Use Investment Property.


Property

Website: https://www.nestseekers.com/5317905
Address:
New York, NY 11372
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.0 Acres

Financials

Price:$1,750,000
Annual Taxes:$29,571.04

Description

Roosevelt Avenue Mixed-Use Investment Property. 2,398 SF building with a full basement. Projected CAP rate: 7%. The property features a long-term restaurant tenant occupying the first floor and basement, plus four residential studio apartments on the second floor (month-to-month tenancies). Income and expense information available upon request. Located on Roosevelt Avenue with strong foot traffic and convenient access to the 7, E, M, F, and R subway lines, the property offers stable income with future upside potential. All showings by appointment only. Please do not disturb tenants. Sale subject to third-party approval.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of ERealty Advisors Inc