Rare opportunity to acquire a fully leased retail condominium in the core of Long Island City.
Apt: S2
New York, NY 11101
Listing
| Web ID: | 5643072 |
|---|---|
| Website: | https://www.nestseekers.com/5643072 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Retail |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Price:$2,041,000
Annual Taxes:$4,356
Description
Rare opportunity to acquire a fully leased retail condominium in the core of Long Island City. This approximately 1,570 SF retail space is occupied by an established neighborhood deli and generates $104,335 in annual rental income. Located within a high-density residential neighborhood surrounded by new developments and strong pedestrian traffic. Low operating expenses due to ICAP tax abatement make this a compelling investment opportunity.
Contact
24-20 Jackson Ave Floor 3
Long Island City, NY 11101, USA
Phone: +1 929-442-2208
Listing Courtesy of B Square Realty