102-08 Roosevelt Avenue

102-08, Roosevelt Avenue, Corona, Queens, New York, Queens County, New York, 11368, United States of America
$1,250,000

Description

The subject property is a two story  mixed-use building on Roosevelt Avenue in Corona, Queens. The building is a one over one with 1,000 square feet of ground floor retail and 1,000 square feet of residential on the 2nd floor consisting of a 3 Bedroom apartment. The ground floor is currently occupied by a party event business and both the business and the residential tenant have been tenants for several years. Both tenants are also on a  month to month lease and the retail space can be delivered vacant upon sale. In addition, both units are individually metered for gas, electric, and heating. This property presents a unique investment opportunity for the owner occupier or the investor looking for prime retail right off the 7 train on Roosevelt Avenue next to 103rd Street Corona Plaza.

Property Documents

Detail

  • Price: $1,250,000
  • Building Size: 2000 SF
  • Lot Size: 1400 SF
  • Year Built: 1930
  • Property Type: Mixed Use
  • Property Tax Amount: 8287
  • Block: 1974
  • Lot: 49
  • Zoning: R6B, C1-4
  • Property Stories: 2
  • Residential Units: 1
  • Commercial Units: 1
  • Annual Income: 94200
  • Total Expenses: 16136
  • NOI: 78064
  • Cap Rate: 6.25
  • City: Queens
  • State/County: New York
  • Neighborhood: Corona
  • Country: United States

Similar Properties

Asking Price$1,150,000

Fulton Avenue Portfolio

682, Fulton Avenue, Hempstead, Nassau County, New York, 11550, USA

Commercial, Mixed Use, Other

Ryan Lewis

1 year ago

Asking Price$1,150,000

Commercial, Mixed Use, Other

Ryan Lewis

1 year ago

$799,999

2 Lafayette Ave

2, Lafayette Avenue, New Rochelle, Westchester County, New York, 10801
SF: 2500

Mixed Use

Leor Fidler

12 months ago

$799,999
SF: 2500

Mixed Use

Leor Fidler

12 months ago


PREVIOUS PROPERTY

91 Howells Road

NEXT PROPERTY

15-01 126th Street

Individual Listings Disclaimer

All information furnished here is deemed reliable, however it is submitted subject to errors, omissions, change of terms and conditions, prior sale or withdrawal without notice. We do not represent or guarantee the accuracy of any information contained herein and we are not liable for any reliance there on. Thus any prospective purchaser should independently verify all items deemed relevance to its due diligence enquiry with respect to the property, notwithstanding that the sender believes information be true and/or reasonable.