Prime retail investment opportunity in the heart of Long Island City.
| Website: | https://www.nestseekers.com/5643038 |
|---|---|
| Address: | Apt: S1 New York, NY 11101 |
| Ownership: | For Sale |
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| Type: | Retail |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
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.
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA Phone: +1 929-442-2208 | |
| Listing Courtesy of B Square Realty | |