REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,799,999
Est. payment | /mo
2,526 Sqft Lot
$ 1,799,999
Est. payment | /mo
2,526 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 989328
Rental Info No
Year Built 1920
Annual Tax Amount $6,236
Lot Size 2,526 Sqft
Acres 0.058
Property Sub-Type Mixed Use
Source onekey2
Property Description
Income-producing mixed-use property in the heart of Maspeth featuring a vacant ground-floor commercial space and residential units above, offering strong income potential and value-add opportunity.
The commercial unit is equipped with an existing hood and gas line, making it suitable for a variety of uses (subject to tenant verification and approvals). The vacancy of the commercial space allows a new owner to set market rent and maximize returns.
The upper level consists of two residential units currently occupied on a month-to-month basis, providing immediate income with flexibility for future adjustments. The property also includes additional income from garage spaces.
Recent upgrades include a newly installed roof (under warranty) and a boiler less than one year old, reducing near-term capital expenditures.
Projected income potential is estimated to exceed $10,000/month based on market conditions and achievable rents. Buyers are encouraged to perform their own due diligence regarding income, expenses, and permitted use.
Located in a high-demand area of Maspeth with convenient access to major transportation routes, this property presents an excellent opportunity for investors seeking stable income with upside potential.
The commercial unit is equipped with an existing hood and gas line, making it suitable for a variety of uses (subject to tenant verification and approvals). The vacancy of the commercial space allows a new owner to set market rent and maximize returns.
The upper level consists of two residential units currently occupied on a month-to-month basis, providing immediate income with flexibility for future adjustments. The property also includes additional income from garage spaces.
Recent upgrades include a newly installed roof (under warranty) and a boiler less than one year old, reducing near-term capital expenditures.
Projected income potential is estimated to exceed $10,000/month based on market conditions and achievable rents. Buyers are encouraged to perform their own due diligence regarding income, expenses, and permitted use.
Located in a high-demand area of Maspeth with convenient access to major transportation routes, this property presents an excellent opportunity for investors seeking stable income with upside potential.
Location
State NY
County Queens
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Multi Units
Fireplace No
Exterior
Parking Features Garage
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, See Remarks, Water Available, Water Connected
Building
Foundation Other
Sewer Other
Water Other
Structure Type Other
Others
Special Listing Condition None
Listed by Loyaltty Inc • Royer I. Silva