Long Island City, NY 11101,23-08 44th DR
$3,250,000
$3,500,000
7.1%
Est.Price: ?

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2,178 Sqft Lot

23-08 44th DR Long Island City, NY 11101

Est. payment /mo
SOLD DATE : 08/11/2021

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Key Details

Sold Price $3,250,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 3275608

Sold Date 08/11/21

Originating Board onekey

Rental Info No

Lot Size 2,178 Sqft

Acres 0.05

Property Description

Calling All Investors, Developers & End-Users!!! 6.64 Cap 4 Unit, 3,630 Sqft. Building For Sale!!! The Property Is Situated On A 2,242 Sqft. That's Zoned C5-3 (High Bulk Commercial District) Commercial FAR: 15.0 (33,630 Sqft. Buildable When 10,000 Sqft. Lot Or Larger)!!! Note: All Commercial Uses Are Exempt From Parking Requirements The Building Features Amazing Zoning, Excellent Location, Great Signage, +++!!! The Building Can Be Delivered 100% Vacant If Need Be All Tenants Are Month-Month Income: 4 Br Apartment: $36k Ann. M-M 4 Br Apartment: $36k Ann. M-M 2nd Floor Office: $72k Ann. M-M 1st Floor Deli: $156k Ann. M-M Gross Income: $300,000 Taxes: $38,269 Insurance: $3,300 Electric: $0 Gas: $0 Maintenance & Repairs: $250 Water: $0 Total Exp.: $41,819 Net Operating Income (NOI): $258,181 (6.64 Cap!!!)

Location

State NY

County Queens

Zoning C5-3

Interior

Fireplace No

Building

Story 2

Others

Special Listing Condition None

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Listed by All Island Estates Realty Corp • 516-783-5600
Bought with All Island Estates Realty Corp

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Roberto Ayala

Broker Associate | License ID: 10301207407

+1(917) 710-8792

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