150-48 14th Avenue, Whitestone, NY 11357

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$1,739,000 List Price
Off Market
 
Listing ID 10896336
Property Type Commercial
County Queens
Township Queens
School Queens 25
Tax ID 04678-0105
FEMA Flood Map fema.gov/portal
Year Built 2018
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Great opportunity to own or both new retail/office building in the heart of Whitestone's premier shopping 'Village'. Only 2 years old, with a 13 year tax abatement remaining, RE taxes $8476. FULLY LEASED. Solid brick and steel construction elevator building on busy street. Strong market rents in area with almost no vacancies. 3 units in left side of building. Both buildings available for sale: 150-46 and 150-48, $1,739,000 for each building. Possible to combine both buildings on each floor. Cap rate 5.22. See net income below. See attached financial info and flyer.
Property Details
  • 0.06 Acres
  • 2651 SF Lot
  • Built in 2018
  • 2 Stories
  • 3 Units
Interior Features
  • Forced Air
  • Natural Gas Fuel
Exterior Features
  • Community Septic
  • Parking Spaces: 4
Income/Expenses
  • Gross Income $103,296
  • Net Income $90,860
  • Operating Exp $12,436
Previously Listed By
Mrs. Paula Annarumma Caruso, GRI, SRES, CRS
Realty Connect USA LLC
David Annarumma
Realty Connect USA LLC
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