Exceptional mixed use investment opportunity just a few blocks from bustling Roosevelt Avenue in the heart of Elmhurst.
| Website: | https://www.nestseekers.com/5635190 |
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| Address: | New York, NY 11373 |
| Ownership: | For Sale |
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| Type: | mixed-use |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Description
Exceptional mixed-use investment opportunity just a few blocks from bustling Roosevelt Avenue in the heart of Elmhurst. This solid brick property offers the perfect combination of flexibility, income potential, and long-term value for both owner-users and investors. The property features a first-floor medical office, a second-floor office that will be delivered vacant, and a third-floor 3-bedroom apartment that can be delivered vacant, providing exceptional flexibility for an owner-user or investor looking to occupy or lease the available spaces. The property also includes two front parking spaces, a valuable convenience for businesses, clients, and tenants alike.
Surrounded by restaurants, shopping, medical offices, and everyday conveniences, this property enjoys outstanding visibility and is conveniently located near the 7 train and Q32 & Q29 bus lines, making it an ideal location for businesses, tenants, and future occupants alike. Estimated market rents: first-floor medical office $5,000/month, second-floor office $4,000/month, and third-floor apartment $3,500/month (approximately $150,000 annual gross potential). Actual Yearly Expenses: $52,872. Whether you’re looking to invest or occupy, this versatile mixed-use property offers outstanding flexibility and long-term value.
Amenities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Trash Collection Public
- Water Available
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA Phone: +1 929-442-2208 | |
| Listing Courtesy of NY Superior Realty | |