Exceptional mixed use investment opportunity in the heart of South Ozone Park !


Property

Website:https://www.nestseekers.com/5637426
Address:
New York, NY 11420
Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,200,000
Annual Taxes:$25,443

Description

Exceptional mixed-use investment opportunity in the heart of South Ozone Park! This income-producing property features one ground-floor commercial storefront and two residential apartments on the second floor, consisting of one 2-bedroom unit and one 1-bedroom unit. Each of the three units has separate gas and electric meters, providing convenience for both owners and tenants. Currently generating **$79,800 in annual rental income**, this property presents an excellent opportunity for investors seeking stable cash flow or owner-users looking to offset ownership costs with rental income. Located in an **R3/C1 zoning district**, the property offers a desirable combination of residential and commercial use in a well-established neighborhood. Ideally situated on a busy commercial corridor with excellent visibility, the property is just minutes from public transportation, major highways, shopping, schools, restaurants, and JFK Airport. Whether you're looking to expand your investment portfolio or acquire a versatile mixed-use asset in a high-demand Queens location, this is an opportunity you won't want to miss.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of Baring Homes Corp