Located in Historic Addisleigh Park | 172-12 Linden Blvd
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Located in Historic Addisleigh Park 172-12 Linden Blvd
2,400 SF 100% Leased Retail Building Saint Albans, NY 11434 £1,020,488 (£425/SF)
Investment Highlights
- Location is Excellent - First Sale of the Property in multiple Years. Strategic Location
Executive Summary
This is a Prime Mixed Use Property located in the Historic District of Jamaica Queens referred to as Addisleigh Park. The ground floor is currently leased to a prominent government official and their are 2 other residential units on the second floor which are month to month tenants. The seller anticipates being able to deliver the residential units vacant. Rents are below market. Property is well maintained with new gas fired efficient furnace, hot water heater and electric panel. Shopping and MTA Bus service are literally within 500 feet of the Subject Property. Seller is motivated to make a deal. Call Richard at 516 -639 0021 for details
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1931/2020
Price
£1,020,488
Price Per SF
£425
Percent Leased
100%
Number of Floors
2
Building FAR
1.10
Land Acres
0.05 AC
Zoning
R5B - Medium density district with a height limit of 40 feet
Parking
2 Spaces (0.83 Spaces per 1,000 SF Leased)
Frontage
189 ft on Linden Boulevard
Walk Score ®
Very Walkable (78)
Transit Score ®
Excellent Transit (76)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 12394-0095 | Improvements Assessment | £16,037 |
Land Assessment | £4,650 | Total Assessment | £20,686 |
PROPERTY TAXES
Parcel Number
12394-0095
Land Assessment
£4,650
Improvements Assessment
£16,037
Total Assessment
£20,686
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Located in Historic Addisleigh Park | 172-12 Linden Blvd
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