Located at Super high traffic, thriving commercial corridor, this all brick, free standing retail property offers exceptional long term investment value.


Property

Website: https://www.nestseekers.com/5428302
Address:
New York, NY 11434
Ownership: For Sale
Type: Retail
Bedrooms: Studio
Lot Size: 0.2 Acres

Financials

Price:$3,000,000
Annual Taxes:$1,271.92

Description

Located at Super high-traffic, thriving commercial corridor, this all-brick, free-standing retail property offers exceptional long-term investment value. Property Highlights: Lot Size: 110 × 93 (Approx. 8,429 SF) ,Building Size: 98.5 × 61 (Approx. 5,429 SF) Configuration: 3 established, high-volume retail stores & 12 on-site parking spaces. Approx. Net Annual Income: $223,480! All tenants are well-established businesses with long-term leases in place, Tenants are responsible for their own expenses, ensuring strong, predictable cash flow! Investment Upside: Positioned in a busy commercial hub with consistent foot and vehicle traffic Very Low maintenance, Significant future appreciation potential in a growing area ,This is a rare opportunity to own a stable, income-generating asset with built-in upside in a prime location !

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Water Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Sweet Key Realty Group Inc