An exceptional opportunity to own a fully occupied, income producing mixed use property in the heart of St.
| Website: | https://www.nestseekers.com/5672129 |
|---|---|
| Address: | New York, NY 11412 |
| Ownership: | For Sale |
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| Type: | mixed-use |
| Bedrooms: | Studio |
| Lot Size: | 0.0 Acres |
Financials
Description
An exceptional opportunity to own a fully occupied, income-producing mixed-use property in the heart of St. Albans, Queens. Situated on highly visible Linden Boulevard, this turnkey investment combines a well-established commercial tenant with two beautifully renovated residential apartments, providing immediate and consistent cash flow from day one.
The ground floor is occupied by an established mental health counseling practice, creating a stable commercial presence with excellent street visibility and professional curb appeal. The commercial space has been tastefully renovated and features a welcoming reception area, multiple private offices and treatment rooms, waiting area, updated restrooms, and functional professional layout designed for medical or office use.
The second floor consists of two spacious and fully renovated two-bedroom apartments. Each apartment offers bright sun-filled rooms, hardwood flooring, updated kitchens and bathrooms, modern finishes, generous living space, and an attractive layout that appeals to today's tenants. Both residential units are occupied by reliable tenants who pay on time, contributing to the property's strong and dependable income stream.
The building has been extensively maintained and improved throughout ownership. Recent updates include renovated commercial and residential interiors, updated flooring, paint, fixtures, mechanical systems, and well-maintained common areas. The mechanical room is clean and organized, reflecting pride of ownership and ongoing maintenance.
This is an ideal opportunity for investors seeking a stabilized asset with immediate income and minimal deferred maintenance. The combination of residential and commercial income provides diversification and long-term investment stability. Whether you're expanding an investment portfolio or completing a 1031 exchange, this property offers strong fundamentals in one of Southeast Queens' established commercial corridors.
Conveniently located near major transportation, public bus routes, shopping, restaurants, schools, parks, and neighborhood amenities, the property benefits from steady pedestrian and vehicle traffic while providing easy accessibility for both residential and commercial tenants.
Property Highlights:
Fully occupied mixed-use investment property
Strong, stable rental income
Ground-floor professional medical office
Two renovated 2-bedroom residential apartments
Updated interiors throughout
Hardwood flooring
Renovated commercial office layout
Modern common areas
Well-maintained mechanical systems
Excellent visibility on Linden Boulevard
Turnkey investment
Pride of ownership throughout
Excellent opportunity for investors seeking immediate cash flow
Financial information, rent roll, leases, and additional property documentation are available upon request for qualified buyers.
Amenities
- Natural Gas Connected
47-44 Vernon Blvd, Long Island City, NY 11101 Phone: +1 718-707-0200 Fax: +1 718-707-0233 | |
| Listing Courtesy of Royal Realty Group Inc | |
