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183-01 Horace Harding Expw expy
Queens, NY 11365

4 Units Mixed use Property Flushing Queens · Residential Property For Sale · 4 Units

Investment Highlights

  • Located off the Long Island Expressway.
  • High vehicle count.

Executive Summary

Located on a high-visibility corner along next to the highway, this exceptional mixed-use property is adjacent to the high school and a bustling childhood center, ensuring steady foot and vehicle traffic. The building surrounded by business, residential neighborhoods, major transportation routes and with high-visibility corner. Fully leased with 2 residential and 2 commercial units, this property delivers stable cash flow and outstanding investment opportunities.

PROPERTY FACTS

Price Per Unit £505,944
Sale Type Investment
Net Initial Yield 4.10%
Sale Conditions 1031 Exchange
No. Units 4
Property Type
Residential
  • General Retail Storefront Retail/Residential
Apartment Style Low Rise
Building Class C
Lot Size 0.09 AC
Building Size 3,500 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1940
Parking Ratio 0.57/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07067-0011
Land Assessment
£104,130
Improvements Assessment
£178,893
Total Assessment
£283,023

zoning

Zoning Code R3-1/C1-2 (R1- R2- Residential development in R2 districts is limited exclusively to single-family detached houses)
R3-1/C1-2 (R1- R2- Residential development in R2 districts is limited exclusively to single-family detached houses)
  • Listing ID: 34127891

  • Date on Market: 08/12/2024

  • Last Updated:

  • Address: 183-01 Horace Harding Expw expy, Queens, NY 11365

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