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23-08 44th DR Long Island City, NY 11101
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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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Bought with All Island Estates Realty Corp