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Middle Village NY, 11379 $1,350,000

Mixed Use Commercial  

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Details ML#: 813512  

  • # of Families: 2
  • Sale or Rent:Sale
  • Year Built: 1910
  • Taxes: $9,195
  • Status:Active

Description

Great investment property on prime Metropolitan Ave. In Middle Village Queens.This mixed used building consists of one 2500 square-foot Storefront currently leased to a nail salon. Rent is $3786 per month , April 1st. goes up to $3, 786.Lease expires March 21, 2027 with no option to renew, storefront has a 5 ton HVAC system for heating and air conditioning. There is a five room apartment. Current rent is 1850 per month. This property is great for 1031 tax exchange.Close proximity to M - train station and numerous buses. Major highways. Metropolitan Ave. is bustling with supermarkets, restaurants, pharmacies, doctors, etc..

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Property Features

Lot Sq Ft: 2484  

Appliances & Utilities

Heat: Natural Gas   A/C: Electric   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $9,195  

Local Area Information

Zoning: R5-C13 overlay   Block: 3773   Lot: 18  

Listing Information provided courtesy of Donna Demkowicz R E Corp  718-326-2022
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  1. Presented by

    J. Philip Rentals
    • J. Philip Real Estate, LLC.
    • 914-762-2500
    • 914-470-1124
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