14-34 110th Street Apt: CF
New York, NY 11356

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio

Financials

Price:$7,580,000
Annual Taxes:$1,725.48
47-44 Vernon Blvd, Long Island City, NY 11101
Listing Courtesy of E Realty International Corp

Waterview Marina Community Facility features approximately 23, 644 SF with multiple commercial tenants, offering established rental income and the potential for long term income stability.

Description

Waterview Marina Community Facility features approximately 23,644 SF with multiple commercial tenants, offering established rental income and the potential for long-term income stability. The property represents an indicated cap rate of 7.61% based on provided financial information. The tenant mix includes children’s services, a dental laboratory, and specialized equipment businesses. Several units are currently vacant, providing potential to increase occupancy and rental income. The property also offers significant potential for future value enhancement and development, subject to zoning, permitted uses, and applicable approvals. Marina waterfront access rights are included, and additional parking spaces are available for separate purchase. An attractive opportunity for investors seeking an income-producing commercial property with long-term investment potential and future upside. All income, expenses, lease terms, development potential, permitted uses, and waterfront access rights are subject to verification.

Amenities

  • Electricity Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.