Excellent mixed use investment opportunity in Downtown College Point, featuring a well maintained 3 floor building plus basement with a legal two family residence and street level storefront.


Property

Website: https://www.nestseekers.com/5408670
Address:
New York, NY 11356
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio

Financials

Price:$1,338,000
Annual Taxes:$5,939

Description

Excellent mixed-use investment opportunity in Downtown College Point, featuring a well-maintained 3-floor building (plus basement) with a legal two-family residence and street-level storefront. Built in 2010, the property includes two spacious 2-bedroom units (one each on the 2nd and 3rd floors), a 1st-floor office/storefront ideal for retail or professional use, two parking spots, and a private backyard. Located on 20th Ave near major retailers like Tsla, Bank of America, Walgreens, and Dunkin’, it boasts high foot traffic and easy access to transit (#7 train, Q20A/Q65 buses). With 9 years remaining on tax abatement (current taxes: $6,749/year), separate utility meters (4 electric, 3 gas), and a prime commercial corridor setting, this turnkey asset offers strong income potential and long-term value. A must-see for investors or owner-users.

Amenities

  • Electricity Connected
  • Natural Gas Connected

Contact

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