Prime Location in Whitestone, The property is currently occupied by a supermarket, and both the business and the building are being offered for sale together.


Property

Website:https://www.nestseekers.com/5573767
Address:
New York, NY 11357
Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.3 Acres

Financials

Price:$3,800,000
Annual Taxes:$70,000

Description

Prime Location in Whitestone, The property is currently occupied by a supermarket, and both the business and the building are being offered for sale together. The supermarket generates approximately $3.8 million in annual sales, with an estimated 10% net profit margin. Supermarket business sale price: $700,000 Building + supermarket package sale price: $4.3 million. Therefore, the buyer can acquire both the real estate and the operating business, with the transaction expected to close at a total purchase price of $4.3 million.

Amenities

  • Electricity Connected
  • Natural Gas Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Promise Realty LLC