Apt: S1
New York, NY 11101

Property

Ownership: For Sale
Type: Retail
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,835,000
Annual Taxes:$3,036
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of B Square Realty

Prime retail investment opportunity in the heart of Long Island City.

    Description

    Prime retail investment opportunity in the heart of Long Island City. Approximately 1,468 SF ground-floor retail condominium with strong street visibility and stable bakery tenant in place. Current annual rent of $91,842 with lease secured through October 2031. Benefit from ICAP tax abatement, resulting in exceptionally low real estate taxes and attractive cash flow. Conveniently located within walking distance to E, F, M, R, and 7 subway lines. Ideal for investors seeking long-term income in one of NYC's fastest-growing neighborhoods.

    Long Island MLS

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.