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$ 4,558,000
Est. payment | /mo
2,204 Sqft Lot
$ 4,558,000
Est. payment | /mo
2,204 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 915173
Rental Info No
Year Built 1916
Annual Tax Amount $46,288
Lot Size 2,204 Sqft
Acres 0.0506
Property Sub-Type Mixed Use
Source onekey2
Property Description
Rare Corner Mixed-Use: 4 Stores + 4 Residential Units, High Return
• Three stories + basement, approx. 6,160 sq.ft.
• Ground floor: 4 retail storefronts
• Second/Third floor: 4 newly renovated apartments (3BR/2BA, ~1,000 sq.ft. each, bright, brand-new appliances & wiring)
• Rental income $30,350/month, net ROI ~6.5%, fully occupied with stable tenants
• Separate meters/boilers, tenants pay heat & gas
• Corner of Cypress Ave & Putnam Ave, 6-min walk to L/M subway
• Surrounded by shops, restaurants, parks & daily amenities
• Zoning C4-3A mixed-use
• Three stories + basement, approx. 6,160 sq.ft.
• Ground floor: 4 retail storefronts
• Second/Third floor: 4 newly renovated apartments (3BR/2BA, ~1,000 sq.ft. each, bright, brand-new appliances & wiring)
• Rental income $30,350/month, net ROI ~6.5%, fully occupied with stable tenants
• Separate meters/boilers, tenants pay heat & gas
• Corner of Cypress Ave & Putnam Ave, 6-min walk to L/M subway
• Surrounded by shops, restaurants, parks & daily amenities
• Zoning C4-3A mixed-use
Location
State NY
County Queens
Rooms
Basement Finished
Interior
Heating Baseboard, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available
Building
Lot Description Corner Lot
Story 3
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
Listed by E Realty International Corp • Zhen Chen
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Eric Ramsay
REALTOR®