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Maspeth NY, 11378 $1,700,000

Mixed Use Commercial  

Property Picture
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Details ML#: 3507921  

  • # of Families: 4
  • Sale or Rent:Sale
  • Year Built: 1923
  • Taxes: $6,520
  • Status:Active

Description

PURCHASE A Solid 3-STORY MIXED USE Property In Maspeth. This Spectacular Corner Building Offers Two Residential Apartments (Each Featuring Three Spacious Bedrooms) & Two Retail Spaces. It Is A Corner Brick Building With Oversized Windows For An Incredible Retail Visibility. Situated Right Where Grand Ave Intersects With Flushing Ave, Maspeth Ave & 64th Street. Although The Building Is Currently 100% Occupied It Presents A Tremendous Opportunity For Owner-Users And Investors Alike. The New Owner Will Enjoy Flexibility To Maintain Existing Operations And Benefit From The Stability Of A Current Cash Flow Or Upgrade The Units And Push The Future Leases To A Full Market Potential.

More Property Details

Property Features

Building Size: 22’ x 51’   Lot Size: 0.04   Lot Sq Ft: 1742  

Financial

Taxes: $6,520  

Local Area Information

Zoning: R5B/C1-3   Block: 2751   Lot: 21  

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