Remarks

Prime Investment Opportunity
Net Income: $165,000 | Cap Rate: 5.16%
This corner property offers diverse tenants (café with 1BR apartment, insurance office, nail salon, mechanic shop, parking space and a vacant land) generating steady cash flow.
• 5.16% cap rate with strong current income
• Future development potential for residential units
• Prime corner location with high visibility
A rare opportunity for investors seeking consistent income and long-term growth. Don't miss out on this high-potential property advantage of this exceptional chance to acquire a package deal.

Details

MLS#: L3542430
Price: $3,200,000

Style: Mixed Use
Baths Half: 0
Year Built: 1935

County: Queens
Lot Size: 20x46.5
Tax Fee: 35515