rime income producing commercial condominium opportunity in the heart of Long Island City.


Property

Website:https://www.nestseekers.com/5643193
Address:
Apt: S3&S4
New York, NY 11101
Ownership: For Sale
Type: Retail
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$1,123,200
Annual Taxes:$3,684

Description

rime income-producing commercial condominium opportunity in the heart of Long Island City. Units S3 and S4 offer approximately 1,404 SF combined and are occupied by an established dental practice. The combined units generate $61,367.52 in annual rental income. Located within a high-density residential neighborhood surrounded by new condominium developments, strong population growth, and convenient access to the E, F, M, R, and 7 subway lines. The property benefits from a ICAP tax abatement, resulting in low carrying costs and attractive cash flow. Ideal for investors seeking stable medical-office tenancy and long-term appreciation potential in the LIC market.

Contact

24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Listing Courtesy of B Square Realty