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18 03 Mott Avenue is a one story brick retail building on a corner in Downtown Far Rockaway, where Mott Avenue and Cornaga Avenue meet.

New York, NY 11691

Listing

Web ID:5776266
Website:https://www.nestseekers.com/5776266

Property

Ownership: For Sale
Type: Retail
Bedrooms: Studio
Lot Size: 0.2 Acres

Financials

Price:$2,999,999
Annual Taxes:$68,567

Description

18-03 Mott Avenue is a one-story brick retail building on a corner in Downtown Far Rockaway, where Mott Avenue and Cornaga Avenue meet. The building has 6,900 SF on a 7,330 SF lot, with approximately 132 feet of frontage on Mott Avenue and 104 feet on Cornaga Avenue. It's set up as seven stores. Three are occupied by a convenience store, a national tenant, Subway, and a church. The other four are ready to lease, giving a new owner room to reposition the rent roll. The property is zoned R6/C2-4 in the Special Downtown Far Rockaway District and is built to 0.94 FAR out of 2.2 allowed, leaving roughly 9,236 SF of unused buildable area. New mid- and high-rise buildings are going up all around it. Also known as 18-03 to 18-17 Mott Ave, 18-07 to 18-22 Mott Ave, and 18-06 to 18-18 Cornaga Ave. Buyer to verify all information and perform own due diligence.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

Contact

Long Island City - Jackson Ave
24-20 Jackson Ave Floor 3 Long Island City, NY 11101, USA
Phone: +1 929-442-2208
BethoneyShen@nestseekers.com
Listing Courtesy of 5 Boro Realty Corp
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