For Sale
$3,999,000

106-15 Northern Blvd Queens, NY 11368

Prime Queens location, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional three-story mixed-use building, located at 106-15 Northern Blvd in Queens, New York, presents a compelling investment opportunity. The property boasts a prime corner lot spanning 5,500 square feet (55.25 ft x 100 ft), and features a configuration of one commercial unit on the ground floor, two residential units on the upper floors, and an adjacent tire shop. The main building measures 28 feet by 57 feet and includes a basement. The property benefits from a modified lease structure and is currently 100% occupied, offering immediate cash flow. Alternatively, the property can be delivered vacant. The building is well-maintained, with a roof replaced just 10 years ago, ensuring long-term structural integrity. Tenants are responsible for their own utilities, minimizing operational expenses for the owner. The property is zoned R6a and C2-4, providing flexibility for future development or expansion. This is a rare opportunity to acquire a well-positioned, income-generating property in a thriving Queens neighborhood. The asking price is $3,999,000.

Highlights

  • Three-story commercial building with basement: one commercial unit, two residential units, and a tire shop.
  • Building dimensions: 28' x 57'.
  • Lot size: 55.25' x 100'.
  • Zoning: R6a, C2-4.
  • Fully leased, with option to deliver vacant.

Property Details for 106-15 Northern Blvd

Property type
Retail properties, Mixed-use properties

Location Insight

City
Queens
County
Queens
State
New York
Latitude
40.7579775
Longitude
-73.862217

FAQs

What type of property is this?
Retail property - Prime Queens location, high occupancy.
Where is the retail property located?
The property is located at 106-15 Northern Blvd Queens, NY.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Three-story commercial building with basement: one commercial unit, two residential units, and a tire shop.; Building dimensions: 28' x 57'.; Lot size: 55.25' x 100'.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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106-15 Northern Blvd
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