Prime 3 Unit Commercial Building in Heart of Jackson Heights.


Property

Website:https://www.nestseekers.com/5626771
Address:
Apt: 3
New York, NY 11372
Ownership: For Sale
Type: Retail
Bedrooms: Studio

Financials

Price:$2,100,000
Annual Taxes:$27,334

Description

Prime 3-Unit Commercial Building in Heart of Jackson Heights. Discover an incredible investment opportunity in one of Queens' most vibrant, high-traffic commercial corridors. Located in the heart of Jackson Heights, this versatile three-unit commercial building offers immense upside potential for savvy investors or owner-users. Value-Add Opportunity: Current rental income is below market rate, offering significant future revenue growth as leases turn over or transition to market value. Separate Utilities: Tenants pay their own utilities, keeping landlord operational expenses exceptionally low. Unmatched Location Equity: Situated in a dense, high-foot-traffic retail and business district with excellent transit accessibility. Regional Connectivity: Enjoy close proximity to major New York landmarks and upcoming world-class entertainment hubs, including Citi Field (Mets Stadium), the USTA Billie Jean King National Tennis Center, and the highly anticipated future casino development.

Amenities

  • Cable Connected
  • City
  • Electricity Connected
  • Natural Gas Connected

Contact

47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of Wagner & Kelly Inc