Property Description
Excellent investment opportunity with approx. 7% Cap Rate. This prime mixed-use property offers strong income potential and will be delivered fully vacant - ready for occupancy or leasing. The ground level features a versatile commercial space ideal for retail or office use, benefitting from high visibility and steady foot traffic in a thriving location near the 7 train and Northern Blvd. Above the commercial unit are two spacious residential apartments with a separate private entrance. The second-floor unit boasts four bedrooms, a full bathroom, living room, dining area, and a full kitchen - perfect for larger households or higher rental yield. The third-floor apartment offers two bedrooms, a full bathroom, living and dining areas, and a full kitchen. This property presents an attractive opportunity for investors and owner-operators alike, with flexible use options and proximity to public transportation, shops, and amenities.
Commercial Details
- Reference # : 112-07-5
- Country : USA
- Location : Queens
- Area : Corona
- State : NY
- Zip code : 11368
- Category : Commercial
- Construction : Brick
- Property size : 1080
- Lot Size :
- Zoning :
- Parking : 1 gagrage
- Condition :
- Date on Market : 2025-06-28
- Transportation :
- Near by : Close to Bus, Close to Park, Close to School, Near Public Transportation
- Real Estate Tax :
- Date Listed : 2021-08-02
Features For Commercial
- Commercial Type : Mixed Use
- Sq. ft. :
- Ceiling Height :
- Occupancy :
- Rental Income :