Excellent mixed use investment opportunity in the heart of North Flushing Murray Hill.


Property

Website: https://www.nestseekers.com/5380782
Address:
New York, NY 11358
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$1,180,000
Annual Taxes:$6,945.08

Description

Excellent mixed-use investment opportunity in the heart of North Flushing / Murray Hill. This well-located 2-story mixed-use building features one commercial store space on the ground floor and one residential apartment on the second floor, with an estimated return of over 6%. The building size is approximately 20x 48 SF. Lot size is 20x 60.50 SF. The ground floor is currently configured as a bar space with high ceilings and an open layout, suitable for a variety of commercial uses. The second floor features a well-maintained 3-bedroom, 1-bath apartment with a practical layout. The full basement offers additional space equal to the first floor, ideal for storage or extended use. Annual property tax is approximately $6,945, making this an attractive opportunity with low carrying costs. Conveniently located near Auburndale and Broadway LIRR stations, with easy access to the Q28 bus, and just minutes from Northern Blvd’s commercial corridor and Downtown Flushing. A rare opportunity for investors or end-users seeking strong income potential in a prime location.

Amenities

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

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Chase Global Realty Corp