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.
| Website: | https://www.nestseekers.com/5408670 |
|---|---|
| Address: | New York, NY 11356 |
| Ownership: | For Sale |
|---|---|
| Type: | mixed-use |
| Bedrooms: | Studio |
Financials
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
|
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
|
|
| Listing Courtesy of City Realty Group | |