111-17 Roosevelt Ave Queens, NY 11368
High-Yield Multifamily Building in Corona
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Strong NOI of $158,646, based on gross income of $178,740 and expenses of $20,094.
- Mixed-use building with first two floors constructed in 1992 (first floor renovated 2024) and third floor in 2007. Includes a transferable 2-year roof warranty.
- Attractive 8.35% cap rate.
- Excellent location offering high profit potential.
- R6B zoning allows for potential future development.
Property Details for 111-17 Roosevelt Ave
- Property type
- Retail properties, Mixed-use properties
- Square Feet
- 2,250 SF
- Year Built/Renovated
- 1992/2024
- Buildings
- 1
- Stories
- 3
- Units
- 4
Location Insight
- City
- Queens
- County
- Queens
- State
- New York
- Latitude
- 40.752091
- Longitude
- -73.8552541
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Multifamily Building in Corona
- Where is the retail property located?
- The property is located at 111-17 Roosevelt Ave Queens, NY.
- What is the asking price?
- The asking price for this property is $1,950,000.
- What are key features of this property?
- This property features: Strong NOI of $158,646, based on gross income of $178,740 and expenses of $20,094.; Mixed-use building with first two floors constructed in 1992 (first floor renovated 2024) and third floor in 2007. Includes a transferable 2-year roof warranty.; Attractive 8.35% cap rate.
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